Darden (DRI) Sees Q2 EPS Well Below Views; Sees Impact from Yard House, Hurricane Sandy

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Jefferies Downgrades Darden Restaurants (DRI) to Hold

December 5, 2012 7:27 AM EST

Jefferies downgraded Darden Restaurants (NYSE: DRI) from Buy to Hold with a price target of $47.00 (from $61.00) following yesterday's weak guidance.

"With DRI preannouncing a disappointing F2Q miss & once again lowering guidance into the qtr, we are downgrading the stock from... More

Dividend Should Provide Darden Restaurants (DRI) Some Support - Goldman Sachs

December 4, 2012 11:53 AM EST

Analysts at Goldman Sachs weighed in on today's blow-up du jour Darden Restaurants (NYSE: DRI) after the company negatively pre-announced 2Q13 results and lowered FY13 guidance.

The firm views the warning as a negative catalyst for shares. That said they see... More

Cowen Downgrades Darden Restaurants (DRI) to Neutral

December 4, 2012 10:19 AM EST

Cowen downgraded Darden Restaurants (NYSE: DRI) from Outperform to Neutral following this morning's warning.

For an analyst ratings summary and ratings history on Darden Restaurants click here. For more ratings news on Darden Restaurants click here.

Shares of Darden Restaurants closed at $52.42 yesterday, with a 52 week range of $41.65-$57.93.... More