U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.16%

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Domino's Pizza (DPZ) PT Raised to $430 at Bernstein, 'We remain cautious on unit growth'

February 28, 2024 5:58 AM EST

Bernstein analyst Danilo Gargiulo raised the price target on Domino's Pizza (NYSE: DPZ) to $430.00 (from $370.00) while maintaining a Market Perform rating.

The analyst comments "We remain cautious on unit growth. Franchisees profits increasing (amid lower commodity inflation) should support unit... More

Bernstein answers: Is the Google Search empire crumbling?

February 27, 2024 2:00 PM EST

The rise of artificial intelligence has posed questions about the future of Alphabet's (NASDAQ: GOOGL) Google Search business, and in a note Tuesday, analysts at Bernstein questioned whether the company's Search empire is crumbling.

Bernstein said that being one of the few neutral-rated analysts on the Street, they feel qualified to "defend a suddenly mistake-ridden Google."

"Google is a company... More

Jefferies Positive on Palo Alto Networks (PANW) Following Leadership Change

February 27, 2024 12:20 PM EST

Jefferies analyst Joseph Gallo reiterated a Buy rating and $365.00 price target on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "PANW appointed a new President of NA Sales (Dan Campbell) in Feb. Mr. Campbell was previously the President of Arrow ECS,... More

Barclays raises S&P 500 price target as US economy continues to defy headwinds

February 27, 2024 7:24 AM EST

Analysts at Barclays have raised their price target for the S&P 500 in 2024 as the US economy continues to defy rate headwinds.

The bank revealed it now sees the S&P 500 reaching 5300 in 2024, up from its previous estimate of 4800. The new target is based on its recent sum-of-the-parts valuation framework.

"This reflects our view that inflation will continue to normalize while the economy... More

Argus Upgrades Domino's Pizza (DPZ) to Buy Citing Same-Store Growth

February 27, 2024 7:15 AM EST

Argus analyst John Staszak upgraded Domino's Pizza (NYSE: DPZ) from Hold to Buy with a price target of $530.00.

The analyst comments "We are upgrading Domino's Pizza Inc. (NYSE: DPZ) to BUY from HOLD with a target price... More

JPMorgan Downgrades Domino's Pizza (DPZ) to Neutral, 'most catalysts priced in'

February 27, 2024 6:16 AM EST

JPMorgan analyst John Ivankoe downgraded Domino's Pizza (NYSE: DPZ) from Overweight to Neutral with a price target of $430.00 (from $420.00).

The analyst comments "DPZ shares have returned ~59% since 6/1 versus ~21% at SPX. We believe now is the right price to take profits... More