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Fly News Breaks for April 4, 2018
DPZ
Apr 4, 2018 | 06:28 EDT
Deutsche Bank analyst Brett Levy downgraded Domino's Pizza to Hold with an unchanged price target of $235. The analyst cites valuation for the downgrade, with the stock up 26% since his December 2017 initiation. He sees an unfavorable risk-reward profile as he believes Street expectations are already building in improved same-store-sales momentum. Further, Levy sees potential for the macro landscape becoming a "little more competitive or potentially irrational."
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