HSBC Maintains Buy on Domino's Pizza, Raises Price Target to $583
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Meredith Jensen maintains a Buy rating on Domino's Pizza (NYSE:DPZ) and raises the price target from $507 to $583, indicating a positive outlook on the company's stock.
April 30, 2024 | 3:43 pm
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HSBC analyst Meredith Jensen reaffirms a Buy rating on Domino's Pizza and increases the price target to $583, suggesting confidence in the company's future performance.
The increase in price target by HSBC reflects a strong positive sentiment towards Domino's Pizza's stock, likely due to favorable business outlooks or financial performance. This endorsement from a reputable analyst could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100