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

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

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.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Jim Cramer on Domino's: 'I Thought This Was a Good Quarter'
Jim Cramer on Domino's: 'I Thought This Was a Good Quarter'

Yahoo

timean hour ago

  • Yahoo

Jim Cramer on Domino's: 'I Thought This Was a Good Quarter'

Domino's Pizza, Inc. (NASDAQ:DPZ) is one of the stocks that Jim Cramer looked at. Cramer mentioned the stock during the episode and suggested that a stock split could be good for the company. He said: 'Sometimes a company reports, and Wall Street can't seem to decide whether to send the stock in question higher or lower. That's exactly what we saw yesterday morning when we got results from… Domino's Pizza… and the market's initial reaction was overwhelmingly positive… Throughout the session, Domino's flipped through positive, negative, positive, before ultimately closing lower by less than 1%. Then today it rallied… Okay, I thought this was a good quarter… Jonathan Weiss/ Domino's (NASDAQ:DPZ) operates and franchises stores, providing pizzas and a variety of food and beverage items under the Domino's brand through a global supply and delivery network. While we acknowledge the potential of DPZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

China's No-Exit Plan for Foreigners
China's No-Exit Plan for Foreigners

Wall Street Journal

time7 hours ago

  • Wall Street Journal

China's No-Exit Plan for Foreigners

Chinese President Xi Jinping has been eager to lure American companies to invest in China, but you wouldn't know it from Beijing's latest actions. China is preventing American citizens, including a Commerce Department employee and a Wells Fargo banker, from leaving the country. The detentions, known as 'exit bans,' highlight the continuing risk to American companies of doing business in China. The State Department says it is working to get them released and that it has 'no higher priority than the safety and security of American citizens.' But the Chinese bans have ensnared dozens of foreigners over the years, often with little recourse.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store