Piper Sandler Downgrades Domino's Pizza to Neutral, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan has downgraded Domino's Pizza (NYSE:DPZ) from Overweight to Neutral and reduced the price target from $401 to $400.
December 11, 2023 | 11:20 am
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Domino's Pizza was downgraded by Piper Sandler from Overweight to Neutral, with a price target decrease from $401 to $400.
The downgrade from Overweight to Neutral by a prominent analyst could lead to a negative perception among investors, potentially causing a short-term decline in DPZ's stock price. The price target reduction, although minimal, reinforces the cautious stance of the analyst.
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IMPORTANCE 75
RELEVANCE 100