Cowen Downgrades Darden Restaurants (DRI) to Neutral
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Jefferies Downgrades Darden Restaurants (DRI) to Hold
December 5, 2012 7:27 AM ESTJefferies downgraded Darden Restaurants (NYSE: DRI) from Buy to Hold with a price target of $47.00 (from $61.00) following yesterday's weak guidance.
"With DRI preannouncing a disappointing F2Q miss & once again lowering guidance into the qtr, we are downgrading the stock from... More
Dividend Should Provide Darden Restaurants (DRI) Some Support - Goldman Sachs
December 4, 2012 11:53 AM ESTAnalysts at Goldman Sachs weighed in on today's blow-up du jour Darden Restaurants (NYSE: DRI) after the company negatively pre-announced 2Q13 results and lowered FY13 guidance.
The firm views the warning as a negative catalyst for shares. That said they see... More
Darden (DRI) Sees Q2 EPS Well Below Views; Sees Impact from Yard House, Hurricane Sandy
December 4, 2012 8:34 AM ESTDarden Restaurants, Inc. (NYSE: DRI) today reported that it expects diluted net earnings per share from continuing operations of approximately 25 to 26 cents for its fiscal second quarter ended November 25, 2012 (the Street sees EPS of 47 cents). The Company reported that it anticipates the transaction and closing costs associated with the purchase of Yard House, USA Inc. will adversely affect diluted net earnings per share from continuing operations for its fiscal second quarter by... More
