Chuy's shares soar 47% on $605 million Darden Restaurants acquisition deal

Go back to Chuy's shares soar 47% on $605 million Darden Restaurants acquisition deal

UBS Reiterates Buy Rating on Darden Restaurants (DRI)

July 19, 2024 6:18 AM EDT

UBS analyst Dennis Geiger reiterated a Buy rating and $188.00 price target on Darden Restaurants (NYSE: DRI).

The analyst comments "Darden's announced acquisition of Chuy's represents the company's second transaction over the past year and grows DRI's portfolio to 10 brands. With the... More