Fly News Breaks for February 26, 2020
Feb 26, 2020 | 08:23 EDT
Argus analyst John Staszak upgraded Domino's Pizza to Buy from Hold with a $420 price target. The analyst is positive on the company's stable comps and strong store-level cash flows, noting that the planned addition of 250 U.S. stores and 856 international locations should boost its revenue over the next 12 months. Staszak is also confident that Domino's Pizza can widen its technological lead over its competition.
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