Dave & Buster's Stock Soars Despite Revenue Slip
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Dave & Buster's stock soars despite revenue slip
Dave & Buster's has dealt with sluggish sales and a CEO departure in recent months. But its stock continues to climb on the Nasdaq, which analysts attribute to new leadership and a "back-to-basics" approach. Read on to find out why investors are excited.
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Read Full ArticleDave & Buster’s price target raised to $35 from $30 at BMO Capital
In This Article: BMO Capital analyst Andrew Strelzik raised the firm’s price target on Dave & Buster’s to $35 from $30 and keeps an Outperform rating on the shares. The company’s Q1 EBITDA of $136M was $6M below consensus, reflecting repair and maintenance investments and pre-opening cost timing,…
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