Citigroup Maintains Neutral on Domino's Pizza, Raises Price Target to $424
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $396 to $424.
December 08, 2023 | 11:25 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Domino's Pizza and raises the price target to $424.
The increase in price target by Citigroup suggests a positive outlook on the company's future performance, which could be seen as a bullish signal. However, the Neutral rating indicates that the analyst believes the stock is fairly valued at its current price, suggesting no immediate strong upward or downward pressure on the stock price. The impact is likely to be moderate as the market digests the new price target against the backdrop of a Neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100