Royal Bank of Canada Cuts Domino's Pizza Price Target to $325
π Royal Bank of Canada cut its DPZ price target from $350.00 to $325.00 while keeping a 'sector perform' rating.
π BTIG Research maintained a 'buy' rating with a higher $425.00 price target for the company.
π Guggenheim reduced its target to $325.00 and assigned a 'neutral' rating to the stock.
π BMO Capital Markets lowered its target to $420.00 with an 'outperform' rating on DPZ.
π Morgan Stanley dropped its price target to $370.00 with an 'equal weight' recommendation.
π JPMorgan Chase & Co. adjusted its target down to $350.00 while maintaining an 'overweight' stance.
π€ The analyst consensus is split with 16 buy ratings, 14 hold ratings, and 1 sell rating for the stock.
π° The average analyst price target stands at $392.58, reflecting a general 'hold' consensus among investors.
π Domino's Pizza opened at $294.32 with a market cap of $9.74 billion and a PE ratio of 16.73.
πΈ CEO Russell Weiner sold 10,850 shares at $330.83 each, reducing his ownership by 19.84%.
πΈ EVP Kelly Garcia sold 12,430 shares at $322.04 each, decreasing her ownership by 57.07%.
π Insiders sold a total of 23,767 shares worth $7,737,107 over the last quarter.
- BTIG Research reaffirmed a 'buy' rating with a price target of $425.00, indicating strong confidence in the company's prospects.
- BMO Capital Markets maintains an 'outperform' rating with a price target of $420.00, suggesting positive long-term outlook.
- Royal Bank of Canada lowered its price target from $350.00 to $325.00, signaling reduced near-term upside expectations.
- Guggenheim reduced its target to $325.00 and assigned a 'neutral' rating, reflecting uncertainty about growth drivers.
- Morgan Stanley dropped its target to $370.00 with an 'equal weight' rating, indicating a neutral stance on the stock.
- JPMorgan Chase & Co. lowered its price target to $350.00 despite maintaining an 'overweight' rating.
- CEO Russell Weiner sold 10,850 shares worth approximately $3.6 million, reducing his ownership stake significantly.
- EVP Kelly Garcia sold 12,430 shares worth approximately $4 million, decreasing her ownership by over half.