Darden Restaurants (DRI) NewsBite - Deutsche Securities Starts DRI at Hold

Posted: Tuesday, October 27, 2009 1:44 PM EDT
By: Market Intelligence Center Staff





Darden Restaurants (NYSE: DRI) opened at $31.37. So far today, the stock has hit a low of $30.55 and a high of $31.49. DRI is now trading at $30.63, down $0.76 (-2.42%). Over the last 52 weeks the stock has ranged from a low of $13.21 to a high of $41.21. Deutsche Securities initiated coverage on DRI this morning, starting the stock at Hold with a $30 price target. Technical indicators for the stock are bearish and S&P gives DRI a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on DRI the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Darden Restaurants (DRI):

Darden Restaurants (DRI) Trading Near $48.45 Support Level

Monday, February 13, 2012... Darden Restaurants (NYSE:DRI) closed Friday's unfavorable trading session at $49.45. In the past year, the stock has hit a 52-week low of $40.69 and......

http://www.marketintelligencecenter.com/analyfav/1334315

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


Hedged Trade Ideas For DRI:

DRI




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