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DRI

Darden

06:50
10/13/17
10/13
06:50
10/13/17
06:50

Darden initiated with a Neutral at Longbow

Longbow analyst Alton Stump initiated Darden with a Neutral saying its a solid story but shares are fairly valued.

DRI Darden

09/27/17
BARD
09/27/17
UPGRADE
Target $94
BARD
Outperform
Darden upgraded to Outperform at Baird
As reported previously, Baird analyst David Tarantino upgraded Darden to Outperform from Neutral as its current valuation offers a better risk/reward. The analyst feels the recent pullback is a more compelling entry point for investors and he believes the company is well-run and appears capable of sustaining standout comps and profit performance in a difficult backdrop for many consumer and restaurant names. Tarantino maintained his $94 price target on Darden shares.
09/27/17
SPHN
09/27/17
NO CHANGE
Target $80
SPHN
Equal Weight
Darden price target lowered to $80 from $95 at Stephens
Stephens analyst Will Slabaugh lowered his price target on Darden to $80 from $95 after the company reported mixed Q1 results, noting that Hurricane Irma is expected to be twice as impactful on the company's Q2 results compared to Hurricane Harvey. He sees Darden continuing to be an outperformer in the tough restaurant environment, but believes that is already reflected in the stock, leaving him with an Equal Weight rating on the shares.
09/27/17
09/27/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Darden (DRI) was upgraded to Buy from Hold at Maxim and to Outperform from Neutral at Baird. 2. Michael Kors (KORS) upgraded to Buy from Hold at Canaccord with analyst Camilo Lyon saying he believes the strategic steps management has recently begun implementing are showing signs of traction. 3. RBS (RBS) upgraded to Buy from Hold at Jefferies. 4. Lumentum (LITE) upgraded to Buy from Neutral at MKM Partners with analyst Michael Genovese citing valuation and his checks which lead him to believe that orders for the 3D Sensing product "rose significantly"since it reported its results on August 9. 5. Telefonica (TEF) upgraded to Buy from Hold at Berenberg. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/02/17
STFL
10/02/17
INITIATION
Target $92
STFL
Buy
Darden resumed coverage with a Buy at Stifel
Stifel analyst Chris O'Cull resumed coverage of Darden with a Buy rating and $92 price target.

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$NSD

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INTC

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ORI

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NAVI

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