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Domino’s Pizza price target lowered to $396 from $398 at Citi

Citi lowered the firm’s price target on Domino’s Pizza to $396 from $398 and keeps a Neutral rating on the shares post the Q3 report. The analyst says the company’s unfolding initiatives should work to drive improving global retail sales growth over the near-term. The firm expects the shares “will ebb/flow” with U.S. high-frequency data ahead of the December 7 investor event.

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