Stephens analyst Jim Salera raised the firm’s price target on Domino’s Pizza (DPZ) to $440 from $420 and keeps an Equal Weight rating on the shares. Domino’s delivered Q4 results that were modestly below consensus on U.S. same-store sales and global units, while adjusted EPS was essentially in-line with consensus, the analyst tells investors. The firm believes trends at Domino’s are generally resilient, but the stock “could take a continued breather given a more difficult macro,” the analyst added.
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