Darden Restaurants' Board Declares Regular Quarterly Dividend

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RBC Capital Reiterates Sector Perform on Darden Restaurants (DRI) After Raising Estimates

September 30, 2016 7:03 AM EDT

RBC Capital reiterated a Sector Perform rating and $70.00 price target on Darden Restaurants (NYSE: DRI) ahead of the company's 1Q earnings report. RBC raised F1Q17 EPS estimates from $0.78 to $0.83, compared to consensus of $0.82, largely based on slightly higher Olive Garden SSS growth of 1.5% (1%... More