Domino's® Releases 2022 Stewardship Report

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Domino's Pizza (DPZ) margins 'have bottomed,' fundamentals improve in 2023 - BTIG

December 5, 2022 1:09 PM EST

Domino's Pizza (NYSE: DPZ) was upgraded to Buy from Neutral at BTIG on Monday, with the firm assigning a $460 price target on the stock.

Analyst Peter Saleh told investors in a note that they believe margins have bottomed and are set to rebound in 2023 on the heels of higher menu pricing and organic improvements in driver availability.

"In 2023, we expect Domino's to benefit from... More