Domino’s Pizza price target raised to $370 from $360 at Baird

Baird analyst David Tarantino raised the firm’s price target on Domino’s Pizza to $370 from $360 and keeps a Neutral rating on the shares. The firm said although Q3 results looked uninspiring on the surface, management provided a fairly reassuring update on the Q4 traffic outlook that suggests DPZ‘s sales-driving initiatives are starting to gain some traction.