Wells Fargo analyst Zachary Fadem lowered the firm’s price target on Domino’s Pizza to $420 from $450 and keeps an Equal Weight rating on the shares. Domino’s Pizza’s Q3 results largely met expectations, though International unit growth is taking another step down and hopes of an above-algorithm 2025 are decreasing, the analyst tells investors in a research note.
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Read More on DPZ:
- Domino’s Pizza removed from ‘Tactical Underperform’ list at Evercore
- Domino’s Pizza price target lowered to $470 from $480 at Stifel
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