Domino’s Pizza price target raised to $525 from $490 at RBC Capital

RBC Capital analyst Christopher Carril raised the firm’s price target on Domino’s Pizza (DPZ) to $525 from $490 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company’s strengthening and better-than-anticipated U.S. top-line growth drove shares higher, though the stock’s path to multiple expansion is driven by accelerating domestic comp growth – aided by Uber Eats (UBER) – and improving net store growth over the balance of the year, the analyst tells investors in a research note.