Darden Restaurants (DRI) Downgraded to Neutral
July 01, 2010 at 11:40 AM EDT
We recently downgraded our rating for Darden Restaurants Inc. (DRI), one of the world’s largest casual dining restaurant operators which owns and operates restaurants chains primarily under Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, and Seasons 52 names, from Outperform to Neutral. Downgrading was primarily due to a host of factors [...]