Morgan Stanley raised the firm’s price target on Domino’s Pizza to $520 from $515 and keeps an Overweight rating on the shares. The firm’s estimates have been “trimmed slightly,” but its target raise is a function of rolling forward to FY26 estimates, the analyst tells investors. A modest sales miss is possible, “though fairly well understood,” the analyst added in a Q3 preview note. The firm’s U.S. same-store sales growth estimate for Q3 moved to 3.5% from 4.25%, versus the Street at 3.9%, the analyst noted.
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