Truist analyst Jake Bartlett lowered the firm’s price target on Dave & Buster’s to $18 from $23 and keeps a Hold rating on the shares. After a challenging year for restaurants, the outlook for 2026 is mixed, with temporary tailwinds from tax refunds and favorable weather but ongoing headwinds from slowing job growth, consumer confidence, and commodity inflation, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLAY:
- Dave & Buster’s price target lowered to $19 from $20 at UBS
- Dave & Buster’s management to meet with Benchmark
- Dave & Buster’s price target raised to $23 from $22 at Truist
- Dave & Buster’s Earnings Call: Mixed Sentiments and Future Outlook
- Midday Fly By: SK Hynix weighs U.S. listing, GE Vernova doubles dividend