Darden (DRI) overall volatility flat into lower guidance
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Price: $221.60 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +7.0%
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Darden (NYSE: DRI) is recently down $3.93 to $43.80 in pre-open trading following lower than expected Q2 cont ops EPS guidance. The company is expected to release Q2 results on December 16. Deutsche Bank has a $44 price target on the company. Overall option implied volatility of 30 is near its 26-week average of 32.
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