Stocks rise, a day after disappointing forecast from Fed triggers sell-off U.S. stocks are stabilizing following one of their worst days of the year. 0M ago [CBS News]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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Source: CBS News
The S&P 500 rose 0.4% in morning trading, a day after tumbling 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The Dow Jones Industrial Average was up 194 points, or 0.5%, as of 10:05 a.m. Eastern time, following Wednesday's drop of more than 1,100 points. The Nasdaq composite rose 0.5%. Indexes are still near their records, and the S&P 500 is still on track for one of its best years of the millennium. Wednesday's drop just took some of the enthusiasm out of the market, which critics had already been warning was overly buoyant and would need everything to go correctly for it to justify its high prices. Traders are now expecting the Federal Reserve to deliver just one or maybe two cuts to interest rates next year, according to data from CME Group. A month ago, the majority saw at least two cuts in 2025 as a safe bet. Wall Street loves lower interest rates because they give the economy a boost and goose prices for inves
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DRI
News
- What to expect from Darden Restaurants in 2025 [Seeking Alpha]Seeking Alpha
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at Morgan Stanley from $193.00 to $209.00. They now have an "overweight" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at BMO Capital Markets from $165.00 to $175.00. They now have a "market perform" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at Bank of America Co. from $195.00 to $211.00. They now have a "buy" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $200.00 price target on the stock, up previously from $182.00.MarketBeat
DRI
Earnings
- 12/19/24 - Miss
DRI
Sec Filings
- 12/26/24 - Form 144
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- DRI's page on the SEC website