Goldman Sachs Upgrades Price Target On Domino's

Goldman Sachs

has just issued a research report on Domino's Pizza

and it has upgraded its price target to 530 pence from a price target of 500 pence. This implies a target 30% north of where the stock currently is. Goldman Sachs reiterates its buy rating on the stock. In the report, Goldman states Domino’s benefited from many different factors, including benign comps in March, April and June, the ‘Two for Tuesday’ promotion and the World Cup. Domino's finished the day on the NYSE at $12.74, up 16 cents on the session.