B of A Securities Maintains Buy on Domino's Pizza, Lowers Price Target to $557
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Domino's Pizza (NYSE:DPZ) but has lowered the price target from $582 to $557.
October 11, 2024 | 5:30 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Domino's Pizza but lowered the price target from $582 to $557, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Domino's Pizza's performance, but the lowered price target indicates a slightly reduced expectation for future stock price appreciation. This could lead to a neutral short-term impact on the stock price as the positive Buy rating is offset by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100