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Domino’s Pizza upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Brian Harbour upgraded Domino’s Pizza to Overweight from Equal Weight with a price target of $430, up from $370, after assuming coverage of the name. Domino’s Pizza is better positioned to handle a downturn than in the past and with an attractive multiyear opportunity to continue to consolidate the carryout market, Harbour tells investors in a research note.

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