Analysts Slash Price Target On This Pizza Restaurant Chain

Analysts reduced their price target on Domino's Pizza Inc DPZ after its Q1 earnings miss.
RBC Capital analyst Christopher Carril lowered the price target to $440 from $480 (29% upside). Carril maintained an Outperform rating on the shares.
The analyst specified that the delivery staffing challenges are the primary driver of weakness.
Wedbush analyst Nick Setyan maintained Domino's Pizza with an Outperform and lowered the price target from $440 to $430 (26% upside).
Cowen analyst Andrew Charles reduced the firm's price target to $365 from $390 (7% upside) and kept a Market Perform rating on the shares.
Deutsche Bank analyst Brian Mullan lowered the firm's price target to $380 from $440 and kept a Hold rating on the shares.
Citigroup analyst Jon Tower maintained Domino's Pizza with a Buy but lowered the price target from $487 to $424 (24% upside).
BMO Capital analyst Andrew Strelzik maintained DPZ with a Market Perform and reduced the price target from $450 to $400 (17% upside).
MKM Partners analyst Brett Levy maintained Domino's Pizza with a Neutral and lowered the price target from $440 to $405 (19% upside).
Credit Suisse analyst Lauren Silberman maintained Domino's Pizza with a Neutral and decreased the price target from $475 to $400 (17% upside).
Price Action: DPZ shares closed lower by 4.5% at $338 on Friday.

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