- Darden Restaurants (DRI -1.6%) trades lower after Credit Suisse downgrades the restaurant stock to Neutral due to valuation.
- Shares look overvalued even factoring in a higher premium for Darden in comparison to casual dining peers.
- CS adjusts its price target on Darden to $72. Darden traded as high as $74.99 last week.
Darden Restaurants tripped up after Credit Suisse cools
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Symbol | Last Price | % Chg |
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DRI | - | - |
Darden Restaurants, Inc. |