BUZZ-Domino's Australia operator loses most in 1 week; UBS hikes PT on long-term earnings
ReutersFeb 10, 2025 2:11 AM
Shares of Domino's Pizza Enterprises DMP.AX fall 1.2% to A$35.5, their biggest intraday pct drop since February 3
Shares gained 21.3% on February 7 after the pizza maker announced store closures
UBS hikes price target to A$36.00 from A$31.50
Brokerage attributes hike to lower capital expenditure, and higher long-term earnings
Five of 14 analysts rate the stock "buy" or higher, six "hold" and three "sell"; their median PT is A$3.10 – according to data compiled by LSEG
Stock fell 50.1% in 2024
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