Domino’s Pizza price target lowered to $470 from $480 at Stifel

Stifel analyst Chris O’Cull lowered the firm’s price target on Domino’s Pizza to $470 from $480 and keeps a Buy rating on the shares. Domino’s reported Q3 domestic results essentially in line with the firm’s expectations, though the international segment was weaker than expected, the analyst tells investors. The firm, which believes the domestic system is well-positioned to take market share given the low franchisee profitability of the competitors’ systems, also believes the company has several sales drivers planned for 2025, the analyst added.