Truist lowered the firm’s price target on Dave & Buster’s to $18 from $21 and keeps a Hold rating on the shares. The firm cites the company’s Q4 adjusted EBITDA miss that was driven by lower comps, and while the interim CEO is course correcting on many fronts, this may help rebuild sales but may not help Dave & Buster’s fend off competition longer-term, the analyst tells investors in a research note. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on PLAY: Disclaimer & DisclosureReport an Issue Dave & Buster’s price target lowered to $35 from $45 at Loop Capital Dave & Buster’s price target lowered to $22 from $33 at Piper Sandler Dave & Buster’s Entertainment: Hold Rating Amid Strategic Realignment and Sales Recovery Dave & Buster’s Faces Revenue Decline but Remains Optimistic Closing Bell Movers: Levi Strauss up 8% on earnings, futures find footing View Comments
Dave & Buster’s price target lowered to $18 from $21 at Truist
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