Wells Fargo Maintains Equal-Weight on Domino's Pizza, Lowers Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Domino's Pizza (NYSE:DPZ) but lowers the price target from $450 to $420.
October 11, 2024 | 4:07 pm
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Wells Fargo has maintained its Equal-Weight rating on Domino's Pizza but has lowered the price target from $450 to $420, indicating a more cautious outlook.
The lowering of the price target by Wells Fargo suggests a more cautious outlook on Domino's Pizza's future performance, which could lead to a negative short-term impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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IMPORTANCE 80
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