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Dave & Buster's EPS Miss Drives Lower Target and Hold Rating

Dave & Buster's logoDave & Buster's
Sig1.55Sen-1.35Env0.00Soc0.00Gov0.00

BMO Capital Markets lowered its Dave & Buster’s Entertainment target price to $22 from $24 while keeping an outperform stance, and analysts maintain a consensus Hold. The company reported quarterly EPS of $0.22, missing the $0.60 estimate, and expects -1.1 EPS for the year. Institutional investors also increased positions, including Arrowstreet and Nomura.

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