Morgan Stanley analyst Brian Harbour downgraded Domino’s Pizza (DPZ) to Equal Weight from Overweight with a price target of $455, down from $535. The firm adjusted ratings in the restaurants and foodservice distributors group as part of its 2026 outlook. The analyst sees attractive longer term growth in fast casual and beverage. Morgan Stanley has fewer structural concerns as estimates and multiples for these names have been “reset appropriately,” the analyst tells investors in a research note. The firm skews “relatively cautious” on franchised fast food.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DPZ:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Domino’s Pizza price target lowered to $490 from $510 at Evercore ISI
- Domino’s Pizza price target lowered to $485 from $510 at Stifel
- Domino’s Pizza price target lowered to $370 from $405 at Barclays
- Oppenheimer upgrades McDonald’s on ‘break-out’ opportunity in 2026