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Leroykitzai
2021-07-06

Citi downgrades Domino's, says stock is fully valued after recent hot streak

It’s time for investors to take some profits with Domino’s after a strong second quarter for the sto

Citi downgrades Domino's, says stock is fully valued after recent hot streak

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti downgrades Domino's, says stock is fully valued after recent hot streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/dominos-pizza-stock-citi-downgrade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s time for investors to take some profits with Domino’s after a strong second quarter for the stock, according to Citi.\nThe stock has surged ahead of the broader market recently, rising more than ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/dominos-pizza-stock-citi-downgrade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DPZ":"达美乐比萨"},"source_url":"https://www.cnbc.com/2021/07/06/dominos-pizza-stock-citi-downgrade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1124889072","content_text":"It’s time for investors to take some profits with Domino’s after a strong second quarter for the stock, according to Citi.\nThe stock has surged ahead of the broader market recently, rising more than 24% over the past three months.\nAnalyst Sergio Matsumoto downgraded the stock to neutral from buy, saying in a note to clients on Tuesday that the stock appears fully valued.\n“We believe DPZ’s current price fully reflects the recovery in the carryout channel, representing 35% of US sales mix, as well as market share gains during 2020 vs. competitors Pizza Hut, other chains, and independent shops,” the note said.\nEven with the downgrade, the firm did raise its price target for Domino’s to $480 per share from $435. 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