JP Morgan Maintains Overweight on Domino's Pizza, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe has maintained an Overweight rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $410 to $420.

December 08, 2023 | 6:48 pm
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JP Morgan analyst John Ivankoe reaffirms an Overweight rating on Domino's Pizza and raises the price target to $420, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like John Ivankoe from JP Morgan typically signals a bullish outlook on the stock, suggesting that the analyst believes the stock has the potential to rise to the new target price. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100