Domino’s Pizza price target raised to $395 from $380 at BMO Capital

BMO Capital analyst Andrew Strelzik raised the firm’s price target on Domino’s Pizza to $395 from $380 and keeps an Outperform rating on the shares. The company’s Q1 earnings beat broadly reflected stronger comps and margins, but its forward comp commentary suggests a return to more sluggish trends in Q2, the analyst tells investors in a research note. o BMO adds however that it expects macro to become more conducive and sees attractive risk/reward on the stock pending the eventual improvement in momentum.