Barclays raised the firm’s price target on Domino’s Pizza (DPZ) to $420 from $402 and keeps an Underweight rating on the shares. The company’s Q4 results were mixed, with the primary focus being the below expectations U.S. comp growth, the analyst tells investors in a research note. The firm says Domino’s 2024 challenges will persist into 2025, with assumptions for U.S. comp accelerating while international will decelerate, both versus Q4. Barclays continues to struggle with the stock’s valuation.
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