Wall St. ends flat after Yellen; tech shares bounce

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

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

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

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

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

Red Hat (RHT) PT Raised to $125 at KeyBanc

KeyBanc analyst Alex Kurtz raised his price target on Red Hat (NYSE: RHT) to $125.00 (from $121.00) while maintaining an Overweight rating following strong results and guidance.

The analyst noted hybrid could and FX drove results.

Red Hat (RHT) PT Raised to $130 at Drexel Hamilton Following 2Q Beat

Drexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $127.00) while maintaining a Buy rating following the company's 2Q earnings results. Red Hat reported 2Q sales of $723.4 million that skated through the Street's estimate of $699.6 million, while pro forma EPS of $0.77... More

Red Hat (RHT) PT Raised to $117 at JPMorgan Following 2Q

JPMorgan raised its price target on Red Hat (NYSE: RHT) to $117.00 (from $110.00) while maintaining a Overweight rating following the company's 2Q. Red Hat reported total
revenue of $723.4M, above consensus of $699.6M. Subscription revenue of $637.6M was above consensus of $618.3M.... More