Darden Restaurants (DRI) Tops Q4 EPS by 3c, Offers FY18 Guidance

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Darden Restaurants (DRI) PT Raised to $87 at BMO Capital on 4Q Beat; 'Impressive Performance Continues'

June 28, 2017 9:21 AM EDT

BMO Capital raised its price target on Darden Restaurants (NYSE: DRI) to $87.00 (from $85.00) while maintaining a Market Perform rating, as the company reported fourth quarter earnings results.

Analyst Andrew Strelzik notes the company delivered fourth quarter earnings per share and revenues above consensus... More

Darden Restaurants (DRI) PT Raised to $85 at BofA/Merrill Lynch Following 4Q

June 28, 2017 9:15 AM EDT

BofA/Merrill Lynch raised its price target on Darden Restaurants (NYSE: DRI) to $85.00 (from $80.00) while maintaining a Underperform rating. Darden reported 4Q EPS of $1.18, beating the $1.15 consensus. A better-than-expected tax rate helped by $0.02, offset by a $0.06 drag from higher SG&A.

Darden issued 2018... More

Darden Restaurants (DRI) PT Raised to $94 at Baird Following 4Q

June 28, 2017 8:43 AM EDT

Baird raised its price target on Darden Restaurants (NYSE: DRI) to $94.00 (from $90.00) while maintaining a Neutral rating. DRI delivered solid FQ4-17 results, and the midpoint of F2018 EPS guidance is slightly above prior estimates.

DRI reported EPS of $1.18, ahead of consensus of $1.15, and implied... More

Darden Restaurants (DRI) PT Raised to $93 at JPMorgan Following 4Q

June 28, 2017 8:07 AM EDT

JPMorgan raised its price target on Darden Restaurants (NYSE: DRI) to $93.00 (from $82.00) while maintaining a Neutral rating following the company's 4Q. DRI reported 4Q adjusted EPS of $1.18 vs $1.13 estimates. The big beat in the quarter was the 4.4% comp at Olive Garden vs 2.5% estimates and 3.5%... More

Darden Restaurants (DRI) PT Raised to $94 at Deutsche Bank Following 4Q

June 28, 2017 7:41 AM EDT

Deutsche Bank raised its price target on Darden Restaurants (NYSE: DRI) to $94.00 (from $84.00) while maintaining a Hold rating following the company's 4Q. DRI reported adjusted EPS of $1.18, ahead of the consensus estimate of $1.15.

Along with a solid operating performance and the closing... More

Darden Restaurants (DRI) PT Raised to $90 at Jefferies Following 4Q

June 28, 2017 7:10 AM EDT

Jefferies raised its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $80.00) while maintaining a Hold rating following the company's 4Q report. DRI reported adjusted EPS of $1.18, compared with the consensus estimate of $1.15, led by continued solid execution and market share... More

Darden Restaurants (DRI) PT Raised to $96 at RBC Capital; 'Industry-Leading Performance & Future Accretion from Cheddar'

June 28, 2017 6:15 AM EDT

RBC Capital raised its price target on Darden Restaurants (NYSE: DRI) to $96.00 (from $86.00) while maintaining a Sector Perform rating, following a review the company's medium-to-long term growth outlook.

Analyst David Palmers notes expectations for 10% earnings per share growth outlook over the medium to... More