UPDATE: Jefferies & Company Downgrades Darden Restaurants to Hold, Lowers PT
Posted on December 05, 2012 at 11:13 AM EST
In a report published Wednesday, Jefferies & Company downgraded its rating on Darden Restaurants (NYSE: DRI ) to Hold, and lowered its price target from $61.00 to $47.00. Jefferies noted, “With DRI preannouncing a disappointing F2Q miss & once again lowering guidance into the qtr, we are downgrading the stock