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Fly News Breaks for January 15, 2019
PLAY
Jan 15, 2019 | 08:40 EDT
Loop Capital analyst Lynne Collier kept the Buy rating and $65 price target on Dave & Buster's after its FY18 update and also raised its FY19 EPS view by 4c to $3.02. The analyst cites the company's return of comps to positive territory, along with the strong performance of its new stores and attractive valuation of "just" 8-times expected forward EBITDA, which is "in the bottom quartile in the industry and below peers".
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