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Oppenheimer Downgrades Domino’s Pizza

By Warren Paige

Equity research analysts at Oppenheimer downgraded the pizza restaurant chain, Domino’s Pizza (NYSE: DPZ) to a “market-perform” from an “outperform”. Although Oppenheimer believes that operating metrics and management execution of the pizza company will continue to remain unparalleled, it foresees some headwinds like unfavorable comparable from the year-ago period and tough conditions which could restrict upside earnings potential. Overall, nine equity research analysts keep a “hold” rating while have assigned a “buy” rating. The average price target is $60.89.

October 3rd, 2013 | Tags: | Category: Large Cap Growth Stocks

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.