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Fly News Breaks for February 28, 2020
DRI
Feb 28, 2020 | 07:45 EDT
Cowen analyst Andrew Charles initiated coverage of Darden with a Market Perform rating and $103 price target. The analyst said he is positively biased longer term given its scale benefits, proficiency with data analytics, and strong management but his estimates are below consensus due to labor and relative valuation that seems fair.
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