Baird upgrades Domino's Pizza and raises price target to $400
DPZ Dominos Pizza Inc
$341.72 +2.55%
View chart & analysis → - 1Baird upgraded Domino's Pizza from Neutral to Outperform and raised its price target from $320 to $400.
- 2Domino's Pizza reported third-quarter sales of $1.19 billion, exceeding $1.15 billion from the same period last year.
- 3Domino's Pizza third-quarter diluted earnings per share rose to $4.60 from $4.08 in the same period last year.
So what's the key point?
Baird raised its rating for Domino's Pizza and expects the stock to reach $400. Sales and earnings per share increased compared to last year, providing a positive signal.
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