Darden Restaurants (DRI) October 82.50 puts active into Q1

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Darden Restaurants (DRI) PT Lowered to $85 at BMO Capital on 1Q Report; 'Softer SSS & Margins Offset a Lower Tax Rate'

September 27, 2017 10:09 AM EDT

BMO Capital lowered its price target on Darden Restaurants (NYSE: DRI) to $85.00 (from $87.00) while maintaining a Market Perform rating, following the company's first quarter earnings report.

Analyst Andrew Strelzik notes the company delivered first quarter earnings per share results in-line with estimates while... More

Darden Restaurants (DRI) PT Lowered to $82 at Jefferies Following 1Q

September 27, 2017 8:26 AM EDT

Jefferies lowered its price target on Darden Restaurants (NYSE: DRI) to $82.00 (from $90.00) while maintaining a Hold rating. F1Q results were inline with +1.7% blended SSS and adj. EPS of $0.99 vs. Consensus SSS/EPS of +1.8%/0.99, with Hurricane Harvey impacting SSS and EPS by 30bps and $0.015,... More

Darden Restaurants (DRI) PT Lowered to $88 at Morgan Stanley Following 1Q

September 27, 2017 7:56 AM EDT

Morgan Stanley lowered its price target on Darden Restaurants (NYSE: DRI) to $88.00 (from $93.00) while maintaining a Equalweight rating following 1Q earnings release. The impact from Hurricane Harvey in the 1Q was ~1.5c to EPS. In the 2Q, Harvey's lingering impact plus... More

Darden Restaurants (DRI) PT Lowered to $90 at RBC Capital

September 27, 2017 7:15 AM EDT

RBC Capital lowered its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $96.00) while maintaining a Sector Perform rating. Analyst David Palmer lowered the price target to reflect weakening casual dining trends and a slight reduction in Darden's same store sales outperformance... More