John Kosar, CMT Blog | Upside Target Met In Darden Restaurants (DRI) | Talkmarkets
Chief Market Strategist, Asbury Research LLC
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John has more than 30 years of experience and insight in analyzing and forecasting global financial markets. John spent the first half of his career on the trading floor of the Chicago futures exchanges, where he had the opportunity to learn how the US financial markets work from the inside out. ... more

Upside Target Met In Darden Restaurants (DRI)

Date: Friday, March 31, 2017 6:50 PM EDT

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Upside Target Met In Darden Restaurants (DRI)

Posted on: Friday, March 31st, 2017

Darden Restaurants (DRI) met our $83.50 per share upside target this morning, first mentioned in our March 20th report entitled Darden Restaurants (DRI) Resuming 2015 Advance, to capture a $6.72 per share, 9% advance in 9 business days.

In addition, DRI outperformed the S&P 500 (SPX) by 8.8% during the same period.

Here is the chart from our March 20th report.

DRI daily: October 2016 to March 20th 2017

Here is the updated version of that chart as of this morning.

DRI daily: October 2016 to March 31st 2017

 

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