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Domino’s Pizza price target raised to $535 from $520 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Domino’s Pizza (DPZ) to $535 from $520 and keeps an Overweight rating on the shares. The firm, which notes that its estimates are “modestly ahead” of the Street on the top line, expects “a solid quarter” when the company reports Q3 results next week, the analyst tells investors. The firm views Domino’s as “still a relative winner/share gainer” in quick service with a valuation it calls “accommodating.”

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