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

Citigroup is assuming coverage of Domino's Pizza (NYSE: DPZ) 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.