Sterne Agee Reiterates Darden Restaurants Buy, $55 PT

Sterne Agee reiterated its Darden Restaurants

Buy rating and $55 price target in a research report published today. In the report, Sterne Agee states, "Our thesis remains that DRI is one of the most attractive investment opportunities in casual dining given their strong brand positioning, operating expertise and superior marketing capability." Shares of Darden Restaurants were trading at $49.11 at the time of posting, up 1.85% from Monday's market close.