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Domino’s Pizza price target lowered to $400 from $450 at TD Cowen

TD Cowen lowered the firm’s price target on Domino’s Pizza (DPZ) to $400 from $450 and keeps a Hold rating on the shares. The firm adjusted targets in the restaurant group as part of a Q1 preview, saying its checks and analysis suggest a mixed Q1 earnings season for quick service. TD sees more misses than beats within quick service.

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