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Fly News Breaks for October 19, 2015
CMG, BWLD, DRI
Oct 19, 2015 | 09:29 EDT
Maxim analyst Stephen Anderson upgraded Darden Restaurants (DRI) to Buy from Hold citing valuation following the recent pullback in shares. The turnaround thesis is "more compelling" at current levels as Darden's fundamentals "remain solid," Anderson tells investors in a research note. He keeps an $80 price target for shares. The owner of Olive Garden closed Friday up 1c to $65.15. Anderson this morning also upgraded Buffalo Wild Wings (BWLD) to Buy and kept a Hold rating on Chipotle (CMG).