BTIG raised the firm’s price target on Domino’s Pizza (DPZ) to $530 from $500 and keeps a Buy rating on the shares following earnings this morning as the firm now has stronger conviction in the improving sales trend expected this year. While disappointed by the comp miss this quarter, the firm believes it was widely expected and BTIG expects domestic same-store sales to improve sequentially on the heels of the DoorDash (DASH) partnership launching within the coming weeks, as well as incremental benefit from stuffed crust, the analyst tells investors.
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