Reported 2 days ago
RBC Capital has increased its price target for Domino's Pizza (DPZ) from $500 to $550, maintaining an Outperform rating following a mixed Q1 report. While international same-store sales exceeded expectations and the company continues to grow in the U.S. market, challenges persist due to consumer weakness impacting the overall pizza sector. The firm noted that Doordash could significantly contribute to U.S. same-store sales growth this year.
Source: YAHOO