Stocks
JPMorgan Slashes Domino's Pizza Price Target Amid Weighed Expectations
JPMorgan Chase & Co. has lowered its price target for Domino's Pizza (NASDAQ:DPZ) from $380 to $350, citing a potential upside of 17.26% from the stock's previous close.
The firm currently maintains an 'overweight' rating on the restaurant operator's stock, despite this adjustment in price target.
Domino's Pizza has been subject to various reports and analyst opinions over recent months, with Loop Capital reiterating a 'hold' rating and issuing a $353 price target, while Seaport Research Partners assumed coverage with a 'neutral' rating.