Citi lowered the firm’s price target on Domino’s Pizza (DPZ) to $480 from $500 and keeps a Neutral rating on the shares. The firm says Q1 will likely prove a challenging period for the company’s U.S. same-store-sales. Investors are keen to learn how Stuffed Crust shifted demand and how Domino’s sees the DoorDash platform mixing into the business, the analyst tells investors in a research note. Citi sees risk to the stock’s multiple should new product news not drive at least 3% U.S. comp growth in 2025.
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