Barclays lowered the firm’s price target on Domino’s Pizza (DPZ) to $402 from $412 and keeps an Underweight rating on the shares as part of a Q4 preview for the restaurant group. Comps accelerated in Q4 with a focus on value, the analyst tells investors in a research note. The firm says fast casual and select casual diners are the near-term winners, with benefits from a more resilient household income.
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