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BMO Capital Sticks to Its Buy Rating for Dave & Busters Entertainment (PLAY)

Tipranks - Tipranks - Wed Jan 7, 5:36AM CST

BMO Capital analyst Andrew Strelzik maintained a Buy rating on Dave & Busters Entertainment yesterday and set a price target of $30.00. The company’s shares closed yesterday at $16.88.

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According to TipRanks, Strelzik is a 4-star analyst with an average return of 3.6% and a 52.73% success rate. Strelzik covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Brinker International, and Chipotle.

Currently, the analyst consensus on Dave & Busters Entertainment is a Moderate Buy with an average price target of $23.20.

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Based on Dave & Busters Entertainment’s latest earnings release for the quarter ending November 4, the company reported a quarterly revenue of $448.2 million and a GAAP net loss of $42.1 million. In comparison, last year the company earned a revenue of $453 million and had a GAAP net loss of $32.7 million

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