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Fly News Breaks for May 24, 2018
DRI
May 24, 2018 | 07:47 EDT
Oppenheimer analyst Brian Bittner says Darden's stock underperformance has pulled down valuation and created an entry that makes it now one of his top picks for the rest of 2018. Further, the analyst argues that Darden's risk-reward is intriguing as fundamentals have drivers to remain solid and 2019 EPS estimates could be holding upside at a discounted valuation. Bittner reiterates an Outperform rating and $105 price target on the shares.
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