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Fly News Breaks for July 17, 2019
DPZ
Jul 17, 2019 | 07:27 EDT
Oppenheimer analyst Brian Bittner lowered his price target for Domino's Pizza to $295 from $310 as the company's Q2 sales miss heats up the debate around third-party delivery competitors and their impact on the business. After analyzing his EPS estimates through 2020, the analyst still sees earnings close to $11/share, even assuming more tempered same-store sales. Bittner reiterates an Outperform rating on the shares.
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