BofA raised the firm’s price target on Domino’s Pizza (DPZ) to $536 from $514 and keeps a Buy rating on the shares. A U.S. same-store sales growth beat in Q3 offers evidence that the company has multiple levers to pull, including sharp price points, premium menu innovation and expanded third-party partnerships, says the analyst, who expects Domino’s to continue to outpace the broader quick-service pizza category.
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