By: Benzinga
UPDATE: Jefferies & Company Downgrades Darden Restaurants to Hold, Lowers PT
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
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