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Fly News Breaks for January 10, 2018
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Jan 10, 2018 | 08:06 EDT
Maxim analyst Stephen Anderson lowered his price target on Dave & Buster's to $83 after the company's FY17 guidance cut, but kept his Buy rating, saying the selloff in the stock price is overdone. Anderson says that he expects the company's initiatives to produce a return to positive comps growth this year, with sales further supported by a "robust unit expansion".