HSBC Initiates Coverage On Domino's Pizza with Buy Rating, Announces Price Target of $466
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Meredith Jensen has initiated coverage on Domino's Pizza with a Buy rating and set a price target of $466. This new coverage could influence investor sentiment and potentially impact the stock price of Domino's Pizza in the short term.
December 20, 2023 | 1:25 pm
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HSBC analyst Meredith Jensen's initiation of coverage on Domino's Pizza with a Buy rating and a price target of $466 is likely to be viewed positively by investors, potentially driving short-term interest in the stock.
Analyst coverage, especially with a Buy rating, tends to generate positive sentiment among investors. The price target of $466 suggests a significant upside from the current trading price, which could lead to increased buying pressure and a rise in the stock price in the short term.
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