This Domino's Analyst Is No Longer Bullish; Here Are Top 3 Downgrades For Monday
Analysts changed outlook on top names like BRCB, CMG and more. See ratings page for full list. CMG stock: analysts' views.
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These Analysts Revise Their Forecasts On Domino’s After Q2 Results
Domino's Pizza Inc (NASDAQ:DPZ) reported Q2 revenue of $1.194B, beating estimates, but adjusted EPS of $4.07 missed expectations. Shares rose 0.6% to $331.02. Analysts have mixed price targets.
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Baird Downgrades Domino's Pizza to Neutral, Maintains Price Target to $350
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While new Berkshire Hathaway CEO Greg Abel sold the company's entire Domino's stake as part of a portfolio overhaul, analyst Matt DiLallo remains bullish on the pizza chain. Despite near-term headwinds including slowing same-store sales growth, DiLallo believes Domino's strong dividend growth (up 112% over five years), solid cash generation, and expanding store footprint support long-term value creation.
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Read original at the-motley-fool