DPZ - 1 Wall Street Analyst Thinks Domino's Pizza Stock Is Going to $526. Is It a Buy Around $445?
2024-02-29 06:10:00 ET
At least one analyst thinks you should not only be craving Domino's Pizza (NYSE: DPZ) , you should be craving its stock.
UBS analyst Dennis Geiger kept a buy rating on the company's shares but raised his price target on the stock from $480 to $526 after Domino's reported a solid quarterly result on Monday. That new price target would represent an 18% gain from Domino's recent price.
The bullish view comes after the company beat earnings expectations for the fourth quarter and gave investors several levers it plans to use to continue growing in 2024.
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1 Wall Street Analyst Thinks Domino's Pizza Stock Is Going to $526. Is It a Buy Around $445?