Stocks & ETFs

Darden Restaurants Target Raised by RBC

Darden Restaurants Target Raised by RBC

June 28, 2017 at 11:37 am 0 comments

Darden Restaurants received a price-target increase Wednesday from RBC Capital Markets after the firm updated its model on the restaurant company to reflect the addition of Cheddar’s Scratch Kitchen. The new price target is $96 per share, up from $86. The boost brings the price target above the stock’s Tuesday closing price of $92.69 from below it. RBC kept itsRead More

bluebird bio Reports Early Phase 3 Data

bluebird bio Reports Early Phase 3 Data

June 23, 2017 at 10:43 am 0 comments

Shares of bluebird bio were off 5% pre-market Friday after the company unveiled early interim data from an ongoing phase 3 trial of its blood disorder gene therapy LentiGlobin in patients with beta-thalassemia. The company said a first patient achieved a normal level of hemoglobin in six months but added a follow-up on a second and third patient was notRead More