RBC Capital raised the firm’s price target on Domino’s Pizza (DPZ) to $500 from $490 and keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Restaurant and Leisure sector. Domino’s warrants a premium multiple given its strong history of EPS growth, focus on return of cash to shareholders, and advantaged model, which should continue to drive best-in-class unit growth, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DPZ:
- Berkshire Hathaway’s $325 Billion Cash Stash Is a Fortress Against Economic Chaos
- Domino’s Pizza teams up with wide receiver Stefon Diggs
- Domino’s Pizza Shifts Listing to Nasdaq in 2025
- Domino’s Pizza to transfer stock exchange listing to Nasdaq from NYSE
- Domino’s Pizza among four bidders for Wingstop’s U.K. franchise, FT reports