Domino's Pizza falls after TD Cowen downgrades to 'hold'
ReutersJan 5, 2026 3:24 PM
Shares of Domino's Pizza DPZ.O down about 3% at $412.27 in early trading
TD Cowen downgrades stock to "hold" from "buy", cuts PT to $460 from $500
Brokerage cites concerns over the pizza delivery category and low-income consumer challenges
"While we appreciate management's agility in introducing new price point offerings as part of its strategic plan, the strategy has shifted more in this direction than we expected and want to be mindful of thesis creep" - TD Cowen
19 of 35 brokerages rate stock "buy" or higher, 13 "hold" and 3 "sell" or lower; median PT is $510 - data compiled by LSEG
Stock ended 2025 marginally lower
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