Wells Fargo analyst Zachary Fadem initiated coverage of Domino’s Pizza with an Equal Weight rating and $360 price target. While FY22 was a "perfect storm" of slowing comps, falling supply chain margins, and widening delivery share losses, FY23 should fare better, though easing y/y compares look more difficult on a multi-year basis, the analyst tells investors in a research note.
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Published first on TheFly
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