Domino's Pizza warns of slower Q3 sales; shares fall

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Domino's Pizza (DPZ) PT Lowered to $450 at JPMorgan

July 19, 2024 5:15 AM EDT

JPMorgan analyst John Ivankoe lowered the price target on Domino's Pizza (NYSE: DPZ) to $450.00 (from $470.00) while maintaining a Neutral rating.

The analyst comments "DPZ bottomed at $289.85 on May 31st, 2023, and peaked at $533.64 on June 18th, 2024 - very high volatility for capital light,... More

Domino's Pizza (DPZ) PT Lowered to $500 at Evercore ISI

July 19, 2024 5:00 AM EDT

Evercore ISI analyst David Palmer lowered the price target on Domino's Pizza (NYSE: DPZ) to $500.00 (from $560.00) while maintaining a Outperform rating.

The analyst comments "Our view: Following 2Q earnings and two calls with the company, we are reducing our estimates and price target to $500... More

BTIG on Domino's Pizza (DPZ): 'If You Feel Like You Missed It - Here's Your Opportunity; Reiterate Buy', Top Pick

July 18, 2024 1:59 PM EDT

BTIG analyst Peter Saleh reiterated a Buy rating and $580.00 price target on Domino's Pizza (NYSE: DPZ).

The analyst comments "We reiterate our Buy rating, $580 price target and Top Pick designation on Domino's shares following earnings this morning as we believe today's weakness is... More

Citi Reiterates Neutral Rating on Domino's Pizza (DPZ), PT $530, 'we do expect other fast-growing and global quick service operators to come under pressure in the NT'

July 18, 2024 9:31 AM EDT

Citi analyst Jon Tower reiterated a Neutral rating and $530.00 price target on Domino's Pizza (NYSE: DPZ).

The analyst comments "Investors could haggle over US comp growth in the period (slightly softer than Citi/Street) and G&A (management signaled higher spend in the... More

Morgan Stanley on Domino's Pizza (DPZ): 'been in the winner bucket and valuation was above most peers so the bar was high here'

July 18, 2024 9:28 AM EDT

Morgan Stanley analyst Brian Harbour reiterated an Overweight rating and $540.00 price target on Domino's Pizza (NYSE: DPZ)

The analyst comments "Our take: We had been a bit below consensus into this print for DPZ at least on bottom line, and for a stock that tends to move a lot on earnings, 2Q results are likely a headwind. 4.8% US comps were slightly shy of Street/investor expectations,... More