Darden Restaurants (DRI) Reports Q2 Results, Offers Guidance; Declares $1.10 Dividend

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Stifel Upgrades Darden Restaurants (DRI) to Buy

December 21, 2021 7:40 PM EST

Stifel analyst Chris O\'Cull upgraded Darden Restaurants (NYSE: DRI) from Hold to Buy with a price target of $165.00.

The analyst comments "We are upgrading DRI to Buy from Hold. Shares declined following a strong earnings report last Friday, which we believe... More

Darden Restaurants (DRI) Announces Upcoming CEO Transition

December 17, 2021 7:05 AM EST

Darden Restaurants, Inc. (NYSE: DRI) announced today that Eugene (Gene) I. Lee, Jr., Chairman and Chief Executive Officer, will retire as CEO effective May 29, 2022. Lee, 60, will continue to serve on Darden's Board of Directors as Executive Chairman until the 2022 Annual Meeting of Shareholders. At that time, Lee is expected to stand for re-election to the Board and continue to serve as Chairman in a non-executive capacity.

The Board has unanimously elected Ricardo (Rick) Cardenas, 53, Darden's current President and Chief Operating Officer, as Chief Executive Officer, as well as a member of... More

Darden Restaurants (DRI) longer duration IV flat into quarter results

December 16, 2021 5:25 AM EST

Darden Restaurants (NYSE: DRI) December 150 straddle priced for a move of +/- 5% into the expected release of quarter results today.

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Darden Restaurants (DRI) December option prices into quarter results

December 15, 2021 5:19 AM EST

Darden Restaurants (NYSE: DRI) December 150 straddle priced for a move of +/- 5% into the expected release of quarter results before the bell on December 17.

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Darden Restaurants (DRI) PT Raised to $179 at Barclays

December 15, 2021 4:50 AM EST

Barclays analyst Jeffrey Bernstein raised the price target on Darden Restaurants (NYSE: DRI) to $179.00 (from $175.00) while maintaining a Overweight rating.... More