Darden Restaurants ( (DRI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Darden Restaurants’ stock has been on the rise this year, thanks to impressive performance at Olive Garden and strong earnings results. Analysts have responded by raising price targets, citing solid same-store sales and higher market multiples. Despite some insider selling activity, optimism remains high among analysts due to expected sales growth and effective marketing strategies.
More about Darden Restaurants
YTD Price Performance: 14.30%
Average Trading Volume: 1,179,405
Technical Sentiment Signal: Buy
Current Market Cap: $24.34B
For further insights into DRI stock on TipRanks’ Stock Analysis page.
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