Domino's Pizza price target raised to $490 from $465 at Wells Fargo

4 days ago

Wells Fargo raised the firm's price target on Domino's Pizza (DPZ) to $490 from $465 and keeps an Equal Weight rating on the shares. The company's Q2 nicely beat on U.S. comps, and at least 3% comps growth in FY25 looks 'increasingly doable,' the analyst tells investors in a research note. The firm added that it is surprised the shares weren't higher, but major 2025 catalysts seem behind, flow-through was modest, and material upside looks limited.
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Yahoo

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