Fitch: Darden's Planned Real Estate Separation, Debt Reduction Neutral to Ratings/Outlook

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Go back to Fitch: Darden's Planned Real Estate Separation, Debt Reduction Neutral to Ratings/Outlook

Piper Jaffray Raises Price Target on Darden Restaurants (DRI) Following 4Q15 Results

June 24, 2015 9:32 AM EDT

Piper Jaffray reiterates a Neutral rating on Darden Restaurants (NYSE: DRI), and raised the price target to $66.00 (from $60.00), following its 4Q15 results. Operating EPS of $1.08 per share came in ahead of consensus expectations of $0.93.

Analyst Nicole Regan commented, "Darden recently reported 4Q15 results that... More

RBC Capital Raises Price Target on Darden Restaurants (DRI) Based on Fundamentals and Likely Value From REIT

June 24, 2015 7:12 AM EDT

RBC Capital reiterates a Sector Perform rating on Darden Restaurants (NYSE: DRI), and raised the price target to $74.00 (from $70.00), to reflect improved fundamentals and likely value from the separation of the company's real estate portfolio into a REIT. Analyst David Palmer believes that McDonalds and... More