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Dave & Buster’s price target raised to $86 from $60 at Loop Capital
The Fly

Dave & Buster’s price target raised to $86 from $60 at Loop Capital

Loop Capital raised the firm’s price target on Dave & Buster’s to $86 from $60 and keeps a Buy rating on the shares. The firm cites the company’s Q4 adjusted EBITDA beat in spite of the 7% comps decline, which was worse than its 5.3% decline estimate and consensus of a 6.0% decline due to a meaningful weather headwind in January.

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