What exactly did Cowen change for Domino's on February 23, 2026?

Cowen maintained its **Hold** rating on Domino's Pizza, Inc. (DPZ) on February 23, 2026 and lowered the price target to **$450** from **$460**. The change refines projections but does not alter the recommendation.

How should I interpret a maintained Hold in the DPZ analyst rating?

A maintained Hold means the analyst sees balanced upside and downside near term for DPZ. It suggests reassessing position size and awaiting clearer growth catalysts or improved margins before adding more exposure.

Does the DPZ price target cut to $450 change long-term outlook?

A $10 cut to **$450** moderates near-term upside but does not by itself change long-term fundamentals. Long-term outlook depends on franchise growth, margins, and execution versus analyst assumptions.

Where can I see the Cowen note and broader analyst ratings for DPZ?

Cowen's update appeared via The Fly on February 23, 2026. For broader analyst rating context and explanation of analyst methods, Benzinga maintains a guide on analyst stock ratings and methodology.

Analyst Ratings

Cowen Maintains Hold on Domino’s Pizza, Inc. (DPZ) Feb 2026

ByDanny Kontos February 24, 2026February 24, 2026

Cowen & Co. maintained a Hold on Domino’s Pizza, Inc. (DPZ) on February 23, 2026, while trimming its price target to $450 from $460. This DPZ analyst rating came with a modest price-target cut and signals a cautious stance from a major broker. Cowen logged the change at 03:07 PM ET and the stock showed a -3.8% move, or -$15.23, around the update. Meyka AI rates DPZ with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.