Domino’s Pizza price target lowered to $450 from $460 at TD Cowen

TD Cowen analyst Andrew Charles lowered the firm’s price target on Domino’s Pizza (DPZ) to $450 from $460 and keeps a Hold rating on the shares after Q4 earnings. The firm noted that it is balancing better than expected Q4 results with investor apprehension around 2026 U.S. SSS guidance. TD Cowen told investors in a research note that while it is encouraged by management more clearly articulating action items to achieve 3% SSS guidance, the firm believes shares have an overhang until this becomes more clear amid challenged January sales.