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Darden Restaurants' Diversified Portfolio And Uber Delivery Partnership Offer Confidence In Overcoming Fine Dining Challenges: Analysts

Benzinga ·  Dec 21 02:42

Darden Restaurants, Inc.(NYSE:DRI) shares are trading relatively flat on Friday.

Yesterday, the company reported that the second quarter adjusted earnings per share was $2.03, beating the street view of $2.02.

Looking ahead, Darden Restaurants said it now sees FY25 total sales of approximately $12.1 billion (prior outlook $11.8 billion – $11.9 billion). It reiterated diluted net earnings per share from continuing operations of $9.40 to $9.60.

Following the results, here are the analyst takes on the stock:

  • BofA Securitiesanalyst Sara Senatore reiterated the Buy rating on the stock, raising the price forecast to $211 from $195.
  • Goldman Sachs analyst Christine Cho maintained the Neutral rating on Darden Restaurants...
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