Stifel analyst Chris O’Cull raised the firm’s price target on Domino’s Pizza (DPZ) to $500 from $470 and keeps a Buy rating on the shares following Q4 results. Stifel said that Domino’s continues leveraging its “value leadership” to drive share gains in a “highly competitive” quick service restaurant environment, but it couldn’t avoid softer absolute comparable sales. The company has a long slate of initiatives to drive sales in 2025, including third-party marketplace expansion, new product introductions, loyalty program growth, e-commerce enhancements and a strong promotional calendar, Stifel told investors in a research note. The firm contends that it would not want to be a QSR pizza competitor.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DPZ:
- Apple to invest $500B in U.S., Domino’s reports downbeat Q4: Morning Buzz
- Morning Movers: Domino’s Pizza slips following quarterly results
- Domino’s Pizza reports Q4 EPS $4.89, consensus $4.90
- Domino’s Pizza increases quarterly dividend 15% to $1.74 per share
- Warren Buffett Pulls the Trigger on 2 Low-Yield Dividend Stocks — Here’s Why You Might Still Want to Ride His Coattail