Maxim Group Downgrades Darden Restaurants (DRI) to Hold

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Go back to Maxim Group Downgrades Darden Restaurants (DRI) to Hold

Credit Suisse Downgrades Darden Restaurants (DRI) to Neutral

November 29, 2016 7:44 AM EST

Credit Suisse downgraded Darden Restaurants (NYSE: DRI) from Outperform to Neutral with a price target of $72.00 (from $69.00), noting the stock has seen a ~2pt. P/E re-rate post-election and had already traded at a premium to low-growth casual dining peers.

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