Street View: Analysts cut Darden's PTs as inflation pressures margins
** Olive Garden parent Darden Restaurants DRI.N missed first-quarter profit estimates on Thursday, hurt by higher input costs
** At least 10 analysts cut PT on the stock
VALUE GAINS TRACTION, MARGINS UNDER PRESSURE
** Citigroup ("buy," PT: $239) says the new menu, which repurposes existing products to offer new and affordable options to customers, will likely improve value perception and boost traffic; cuts PT from $249
** Keybanc ("overweight," PT: $225) says the co is likely to face near-term margin pressures from food inflation and smaller portion sizes; cuts PT from $240
** Truist Securities ("buy," PT: $240)says high beef costs have hurt co's margins, which it is trying to offset by raising menu prices a bit
** Truist expects beef prices to fall than rise, which could help boost profit; cuts PT from $252
** Raymond James ("outperform," PT: $210) cites near-term margin pressure from rising commodity costs like beef and shrimp until pricing can "catch up" to inflation; cuts PT from $230
Related Articles
What is BNB? Can CZ's Return to Binance Propel It to $2700?
It’s also worth noting that 2028 marks Bitcoin’s fifth halving — a historically bullish catalyst. If past cycles repeat, BNB could ride the wave to new highs. Considering macroeconomic trends, supply dynamics, CZ’s potential return, and the next bull market, Standard Chartered’s target seems increas
Fed Rate Cut Finally Arrives,Dollar Index: Negative Catalysts Largely Priced In,Euro Rally May Be Running Out of Steam
Tradingkey - The Federal Reserve lowered the target range for the federal funds rate by 25 basis points to 4.00%–4.25% late yesterday, as widely expected, and signaled two additional rate cuts this year.
September Global Central Bank Divergence: How Will U.S. Stocks and Forex Markets Move?
TradingKey - Despite the divergence in monetary policies among major global central banks in September (with the Federal Reserve cutting rates while the European Central Bank, Bank of England, and Bank of Japan maintain steady rates), we expect the policy directions of the Fed, ECB, and BoE to...
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.
