The Latest Breaking News from Domino Pizza

Domino's has made a joke at the This Morning presenters' expense

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.

“Hilarious to think that Dominos thought they could conquer Italy,” one Twitter user wrote in response to the closures.

The Dow Jones jumped by more than 400 points on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Domino's Pizza (NYSE:DPZ) has observed the following analyst ratings within the last quarter:

Over the past 3 months, 14 analysts have published their opinion on Domino's Pizza (NYSE:DPZ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Upgrades

Pulled from Benzinga Pro data, Domino's Pizza (NYSE:DPZ) posted Q1 earnings of $90.96 million, an increase from Q4 of 41.57%. Sales dropped to $1.01 billion, a 24.72% decrease between quarters.

Analysts reduced their price target on Domino's Pizza Inc (NYSE: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…