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Darden Restaurants tripped up after Credit Suisse cools

Nov. 29, 2016 10:35 AM ETDarden Restaurants, Inc. (DRI) StockDRIBy: Clark Schultz, SA News Editor2 Comments
  • 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.

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