Domino’s Pizza price target raised by $35 at Stephens, here’s why

Stephens raised the firm’s price target on Domino’s Pizza to $400 from $365 and keeps an Equal Weight rating on the shares after attending the Domino’s analyst day and stating that the high-level discussion was “encouraging” and complemented by an added level of detail around key elements of the company’s growth model. While the firm believes FY24 could prove to be the beginning of accelerating momentum, it “remains early on,” the analyst tells investors.