BUZZ-Domino's Australia operator loses most in 1 week; UBS hikes PT on long-term earnings

Reuters

2025/02/10

** Shares of Domino's Pizza Enterprises DMP.AX fall 1.2% to A$35.5, their biggest intraday pct drop since February 3

** Shares gained 21.3% on February 7 after the pizza maker announced store closures

** UBS hikes price target to A$36.00 from A$31.50

** Brokerage attributes hike to lower capital expenditure, and higher long-term earnings

** Five of 14 analysts rate the stock "buy" or higher, six "hold" and three "sell"; their median PT is A$3.10 – according to data compiled by LSEG

** Stock fell 50.1% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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