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Fly News Breaks for January 19, 2018
PLAY
Jan 19, 2018 | 08:48 EDT
SunTrust analyst Jake Bartlett speculates that a leveraged buy-out of Dave & Buster's by a private equity name may be attractive and should provide valuation support for the stock. While there is no indication of any interest, the analyst writes in his research note, a private equity firm could pay a 33% premium from current levels and earn a 20% Internal Rate of Return. Bartlett keeps his Buy rating and $87 price target on Dave & Buster's.
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