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Wedbush analyst Nick Setyan reiterated an Outperform rating on the shares of Domino's Pizza Inc (NYSE: DPZ) with a price target of $430.00. The analyst believes despite near-term challenges, Domino's current valuation is an overly pessimistic assessment of its ability to return to pre-COVID growth rates by 2023. Setyan said the company's second-quarter earnings were not as bad as expected. Further price increases, stabilization in inflation trends, ongoing operational efficiencies, and some leve...
>>> Read more: Read How Analysts Reacted To Domino's Pizza Results
>>> Read more: Read How Analysts Reacted To Domino's Pizza Results
