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Fly News Breaks for April 13, 2017
PLAY
Apr 13, 2017 | 07:12 EDT
SunTrust analyst Jake Bartlett says that Dave & Busters will face increased competition in 2017 as two of its rivals, Main Event and Topgolf, open more locations. However, the analyst says that Dave & Busters still faces "far less" competition than regular restaurants, while it has shown that it can overcome competition in the past. Calling the increased competition "a relatively light headwind" for Dave & Busters, the analyst keeps a $69 price target and a Buy rating on the shares.
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