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Domino’s Pizza price target lowered to $553 from $557 at BofA

Domino’s Pizza price target lowered to $553 from $557 at BofA

BofA lowered the firm’s price target on Domino’s Pizza (DPZ) to $553 from $557 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for companies across its restaurants coverage in a Q4 results preview for the group, noting that Black Box industry data same-store sales growth improved in November from October for all restaurant segments, while December showed deceleration across segments excluding family dining.

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