Darden Restaurants (DRI) NewsBite - DRI Downgraded By MKM Partners

Posted: Thursday, November 13, 2008 2:14 PM EDT
By: Market Intelligence Center Staff





Darden Restaurants (DRI) was downgraded today by analysts at MKM Partners and the stock is now at $16.77, down $0.73 (-4.17%) on volume of 2,040,283 shares traded. The brokerage downgraded the stock to "Sell" from "Neutral." Over the last 52 weeks the stock has ranged from a low of $17.07 to a high of $41.48. Darden Restaurants stock has been showing support around $16.74 and resistance in the $18.58 range. Technical indicators for the stock are bullish and S&P gives DRI a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DRI the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 20 range. [ABR-Seven Summits Strategic Investments NewsBite]



CLICK HERE: FREE Darden Restaurants (DRI) Stock Report
See what our analysts have uncovered about Darden Restaurants (DRI).
More News For Darden Restaurants (DRI):

Potential Darden Restaurants (DRI) Trade Targets 18.77% Return

Tuesday, February 07, 2012... Darden Restaurants (NYSE:DRI) closed Monday's flat trading session at $48.34. In the past year, the stock has hit a 52-week low of $40.69 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332923

Darden Restaurants (DRI) Showing Bullish Technicals But Could Fall Through $45.16 Support

Wednesday, February 01, 2012... Darden Restaurants (NYSE:DRI) closed Tuesday's reticent trading session at $45.87. In the past year, the stock has hit a 52-week low of $40.69 and......

http://www.marketintelligencecenter.com/analyfav/1331610

Darden Restaurants (DRI) Showing Resistance Near $47.39 With 3.70% Dividend Yield

Thursday, January 26, 2012... Darden Restaurants (NYSE:DRI) closed Wednesday's winning trading session at $46.74. In the past year, the stock has hit a 52-week low of $40.69 and......

http://www.marketintelligencecenter.com/analyfav/1330352

Darden Restaurants (DRI) Trading Near $46.57 Resistance Level

Thursday, January 19, 2012... Darden Restaurants (NYSE:DRI) closed Wednesday's favorable trading session at $45.83. In the past year, the stock has hit a 52-week low of $40.69......

http://www.marketintelligencecenter.com/analyfav/1328916

Darden Restaurants (DRI) Could Break Through $45.09 Resistance Level

Thursday, January 12, 2012... Darden Restaurants (NYSE:DRI) closed Wednesday's flat trading session at $44.54. In the past year, the stock has hit a 52-week low of $40.69 and......

http://www.marketintelligencecenter.com/analyfav/1327663


Hedged Trade Ideas For DRI:

DRI




blog comments powered by Disqus


investorsobserver
OptionsXpress
Fidelity Investments
Brokers Xpress
money show 2011

FREE Daily Newsletter

 




Portions of this content may be copy written by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. SmartReadMX and other related related technologies used to produce content for this service are covered by US Patents numbers 7,865,496, 7,856,390, and 7,716,116.