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Dominos Pizza Inc (DPZ) gets rating Upgrade from Loop Capital

Dominos Pizza Inc’s recently made public that its EVP, Gen’l Counsel, Secretary MORRIS KEVIN SCOTT unloaded Company’s shares for reported $1.21 million on Nov 15 ’24. In the deal valued at $459.00 per share,2,646 shares were sold. As a result of this transaction, MORRIS KEVIN SCOTT now holds 1,966 shares worth roughly $0.9 million.

Then, MORRIS KEVIN SCOTT bought 2,646 shares, generating $1,214,514 in total proceeds.

Before that, Cantor Diana F sold 3,000 shares. Dominos Pizza Inc shares valued at $1,366,594 were divested by the Director at a price of $455.53 per share. As a result of the transaction, Cantor Diana F now holds 6,319 shares, worth roughly $2.88 million.

Loop Capital upgraded its Dominos Pizza Inc [DPZ] rating to a Buy from a a Hold in a research note published on November 08, 2024; the price target was increased to $559 from $419. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in early September has reiterated a ‘”an Outperform”‘ rating for it. Robert W. Baird also remained covering DPZ and has increased its forecast on July 08, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Goldman started covering the stock on June 13, 2024. It rated DPZ as “a Buy”.

Price Performance Review of DPZ

On Friday, Dominos Pizza Inc [NASDAQ:DPZ] saw its stock fall -1.46% to $455.64. Over the last five days, the stock has lost -4.41%. Dominos Pizza Inc shares have risen nearly 8.55% since the year began. Nevertheless, the stocks have risen 8.29% over the past one year. While a 52-week high of $542.75 was reached on 02/18/25, a 52-week low of $396.06 was recorded on 01/13/25. SMA at 50 days reached $443.31, while 200 days put it at $452.71.

Levels Of Support And Resistance For DPZ Stock

The 24-hour chart illustrates a support level at 437.67, which if violated will result in even more drops to 419.69. On the upside, there is a resistance level at 466.95. A further resistance level may holdings at 478.25. The Relative Strength Index (RSI) on the 14-day chart is 48.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.59%. Stochastics %K at 54.04% indicates the stock is a holding.

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