JPMorgan analyst John Ivankoe raised the firm’s price target on Domino’s Pizza to $330 from $320 and keeps a Neutral rating on the shares. Restaurants are "seeing a remarkable combination of events," with greater clarity on food and labor cost inflation being matched with the highest year-over-year menu pricing, said Ivankoe.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DPZ:
- Domino’s franchisee checks see Q4 comps better than expected, says Loop Capital
- Morgan Stanley Causes Chipotle to Slip, Domino’s and Portillo’s Jump
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Domino’s Pizza upgraded to Buy from Hold at Gordon Haskett
- Domino’s Pizza upgraded to Overweight from Equal Weight at Morgan Stanley
