Barclays Maintains Underweight on Domino's Pizza, Lowers Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Underweight rating on Domino's Pizza (NYSE:DPZ) and lowered the price target from $380 to $370.
October 11, 2024 | 7:08 pm
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Barclays has maintained an Underweight rating on Domino's Pizza and reduced the price target from $380 to $370, indicating a bearish outlook.
The Underweight rating suggests that Barclays expects Domino's Pizza to underperform relative to the market. The reduction in the price target from $380 to $370 further indicates a negative outlook, which could lead to a short-term decline in DPZ's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100