Citigroup Assumes Coverage of Domino's Pizza; Hold-Rated, $17 PT

Citigroup is assuming coverage of Domino's Pizza

from CIRA analyst Greg Badishkanian with a Hold rating and a $17 target price which represents a 9% ETR. “With roughly 9,200 total restaurants, Domino's is the second-largest pizza restaurant operator worldwide today,” Citigroup writes. Domino's Pizza currently trades at $15.59.