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Analysts Favor a ‘Buy’ ahead of Domino’s Pizza’s Q2 Earnings

Analysts Favor a ‘Buy’ ahead of Domino’s Pizza’s Q2 Earnings

On July 12, Domino’s Pizza (DPZ) was trading at $279.03. From the graph below, you can see that analysts have increased their price target from $238.58 in April to its current price target of $281.22. Strong same-store sales growth in the first quarter and measures adopted by management to drive sales appear to have compelled analysts to raise their price targets.