Domino's pizza stock approached the support buy zone, near a big daily trend line. Major banks like JP Morgan have a $270 price target at the moment, labelling the stock as 'overweight'. Investment funds like Maxim Group targets at $300 back to the highs of this stock. Overall banks and investment funds believe the stock is considered under priced.
Technically, stock almost hit support at oversold on indicators. Would be best to see if the stock hits the support zone first before buying in. Good Luck!
Technically, stock almost hit support at oversold on indicators. Would be best to see if the stock hits the support zone first before buying in. Good Luck!