Domino's Pizza (DPZ) Tops Q1 EPS by 10c, Beat on Revenues

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Domino's Pizza (DPZ) PT Raised to $196 at Instinet on 1Q Beat; 'Another Topping of Double-Digit U.S. Comps'

April 28, 2017 9:20 AM EDT

Instinet raised its price target on Domino's Pizza (NYSE: DPZ) to $196.00 (from $174.00) while maintaining a Neutral rating, following the first quarter earnings report.

Analyst Mark Kalinowski notes the company provided a first quarter EPS and revenue print above consensus, fueled by 10.2% increase in same-store sales in-line with sell-side consensus.

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