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Fly News Breaks for October 31, 2019
GRUB, YUM, DPZ
Oct 31, 2019 | 08:01 EDT
Maxim analyst Stephen Anderson raised his price target on Domino's Pizza to $305 and kept his Buy rating, saying the disappointing results from GrubHub (GRUB) and Pizza Hut reported this week suggest that competitive threats to the company are "overstated". The analyst expects Domino's Pizza to accelerate its comps growth and buybacks over the next 6-12 months, boosting his FY20 EPS view by 24c to $11.24 and his FY21 view by 30c to $13.36.
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