Citi analyst Jon Tower raised the firm’s price target on Domino’s Pizza to $328 from $316 and keeps a Neutral rating on the shares. Most of the company’s delivery metrics improved quarter-over-quarter and net job postings remained elevated versus history in Citi’s latest survey, the analyst tells investors in a research note. The firm says progressing delivery metrics would support the idea that Domino’s one-year U.S. same-store-sales have ticked-up sequentially.
Published first on TheFly
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