Domino’s Pizza price target raised to $355 from $335 at Credit Suisse

Credit Suisse analyst Lauren Silberman raised the firm’s price target on Domino’s Pizza to $355 from $335 and keeps a Neutral rating on the shares. Domino’s delivered a top and bottom line beat in Q1, though it signaled ongoing near-term headwinds, reiterating expectations for U.S. unit growth to remain pressured near-term, though it remains confident in reacceleration as headwinds from supply chain challenges ease, the analyst tells investors in a research note. The firm thinks shares offer a balanced risk-reward given limited visibility into the path to a sustainable improvement in underlying SSS.