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DPZ

Domino's Pizza

$256.49 /

+0.465 (+0.18%)

09:13
10/18/19
10/18
09:13
10/18/19
09:13

Domino's Pizza designated as a Best Idea at Guggenheim

Guggenheim analyst Matthew DiFrisco designated Domino's Pizza as his Best Idea in the restaurant universe, citing his increased confidence in his above-consensus 2020 EBITDA forecast. Domino's outlook has been "meaningfully de-risked" by the company's update of its 2-3 year guidance, which included lowering the domestic same-store sales growth range by 100 basis points, noted DiFriso. He see several drivers of upside to consensus 2020 estimates, as he believes some others may be missing an extra operating week in Q4 of 2020 and not factoring an increase in digital transaction fees that start on January 1, 2020, DiFrisco noted. He raised his price target on Domino's shares to $310 from $280 and keeps a Buy rating on the stock.

  • 06

    Nov

  • 13

    Nov

DPZ Domino's Pizza
$256.49 /

+0.465 (+0.18%)

10/09/19
Fly Intel: Top five analyst downgrades
10/09/19 MKM Partners
Domino's Pizza sales growth offset by competitive pressure, says MKM Partners
10/09/19 BTIG
Domino's Pizza expectations reset to more achievable levels, says BTIG
10/09/19 Wells Fargo
Domino's Pizza price target raised to $271 from $261 at Wells Fargo

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General news
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