Professional
Added to YB: 2025-01-23
Pitch date: 2025-01-22
DRI [bullish]
Darden Restaurants, Inc.
+14.58%
current return
Author Info
No bio for this author
Company Info
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada.
Market Cap
$24.5B
Pitch Price
$178.31
Price Target
215.00 (+5%)
Dividend
3.03%
EV/EBITDA
12.42
P/E
20.47
EV/Sales
2.44
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Bernstein Upgrades Darden Restaurants (DRI) to Outperform; Price Target Raised to $215
DRI: Bernstein upgrade to Outperform, $215 PT. Olive Garden recovery expected via increased ad spend, product reintroductions, stable consumer environment. Strong Q2 despite challenges. Tactical price-point & product-led advertising planned. Low-income consumer confidence improving, favorable for OG. Analyst: Danilo Gargiulo.
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