BMO Capital analyst Andrew Strelzik raised his price target on Dave & Buster's to $64 after its Q1 earnings beat that was driven by stronger comps and restaurant margins. The analyst notes that he is also encouraged to see some stabilization of trends going into a more favorable content pipeline, including the launch of the first virtual reality game this week and another title likely launched by year end that could add 3%-4% to comps. Strelzik keeps his Outperform rating on Dave & Buster's, adding that he sees a higher likelihood of positive comps in the second half of this year.