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Fly News Breaks for February 28, 2020
DPZ
Feb 28, 2020 | 07:01 EDT
Gordon Haskett analyst Jeff Farmer initiated coverage of Domino's Pizza with a Hold rating and $320 price target. He believes the shares are discounting a continued moderation of third-party "delivery encroachment," which is a view with which he agrees, and 2020 U.S. same-store sales growth that will widely outpace the 3.7% Street estimate, which is a point on which he doesn't agree based on his proprietary data from apps and social media.
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