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Fly News Breaks for July 13, 2016
DRI
Jul 13, 2016 | 06:11 EDT
Wells Fargo analyst Jeff Farmer downgraded Darden Restaurants to Market Perform citing accelerating casual dining segment same-same-store declines in June. The analyst expects a diminished rate of upward earnings revision in coming quarters. He cut his price target range for the shares to $66-$70 from $70-$74.
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