Barclays Maintains Underweight on Domino's Pizza, Raises Price Target to $405
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Underweight rating on Domino's Pizza (NYSE:DPZ) but raised the price target from $346 to $405.
February 27, 2024 | 2:34 pm
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Barclays maintains an Underweight rating on Domino's Pizza but increases the price target from $346 to $405.
While the Underweight rating suggests that Barclays has a cautious outlook on DPZ's stock, the increase in the price target from $346 to $405 indicates a positive adjustment in their valuation assessment. This mixed signal could lead to short-term uncertainty among investors, potentially resulting in neutral impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90