MKM Partners analyst Brett Levy keeps his Neutral rating and $265 price target on Domino's Pizza after its Q3 earnings miss. The analyst notes that the results in the quarter were "mixed", with relatively higher sales growth offset by "fierce" competition and lowered intermediate-term growth forecasts. Levy also points to the company maintained focus on developing its global footprint despite the choppy near-term landscape. The analyst remains cautious about the near-term performance at Domino's Pizza due to competitive "intrusion", but still has a positive long-term outlook for the stock thanks to its "competitive moats" in technology, operations and unit-level profitability.