Barclays Raises Price Target on Darden Restaurants (DRI); Equipped to Deliver Solid EPS

March 26, 2012 1:36 PM EDT
Get Alerts DRI Hot Sheet
Price: $225.50 +0.11%

Rating Summary:
    27 Buy, 18 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Barclays maintains an 'Overweight' on Darden Restaurants (NYSE: DRI) price target raised from $54 to $59.

Analyst, Jeffrey A. Bernstein, noted that DRI's managment was pleased with the progress at Olive Garden. Bernstein thinks DRI is set up to manage business and deliver solid earnings per share...returning to low double-digit growth in FY13.

For an analyst ratings summary and ratings history on Darden Restaurants click here. For more ratings news on Darden Restaurants click here.

Shares of Darden Restaurants closed at $50.92 yesterday.


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