Dave & Buster’s price target lowered to $22 from $27 at Truist

Truist lowered the firm’s price target on Dave & Buster’s to $22 from $27 and keeps a Hold rating on the shares after its Q2 earnings miss. The company’s same-store sales decelerated in the back half of the quarter despite much easier year-ago compares as growing macro headwinds offset recent gains from its “back to basics” approach, and while the firm sees incremental sales drivers in the second half of 2025, it also sees a risk that consumer pressures mount, the analyst tells investors in a research note.