JP Morgan Maintains Neutral on Domino's Pizza, Lowers Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Domino's Pizza (NYSE:DPZ) but lowers the price target from $470 to $450.
July 19, 2024 | 4:07 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Domino's Pizza but lowers the price target from $470 to $450.
The lowered price target from $470 to $450 suggests a less optimistic outlook for Domino's Pizza, which could lead to a short-term negative impact on the stock price. However, the Neutral rating indicates that the analyst does not foresee significant downside risk.
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IMPORTANCE 70
RELEVANCE 100