BUZZ-Dave & Buster's Entertainment falls after BMO's price cut

Reuters
04-09
BUZZ-Dave & Buster's Entertainment falls after BMO's price cut

** Shares of entertainment and dining venues operator Dave & Buster's Entertainment PLAY.O fall 4% to $15.42

** BMO Capital Markets cuts price target to $30 from $47

** Concerned that tariff related dynamics will continue to weigh on consumer spending, particularly at the low-end where PLAY has meaningful exposure - brokerage

** BMO says it is disappointed that PLAY is beginning another strategy "reset", pivoting execution against its strategic plan as it pushes out potential larger scale brand repositioning further

** PLAY continues to realize outsized same-store sales pressure, with Q4 marking the eighth consecutive quarter of declines

** Up to Tuesday's close, PLAY's stock was down 45% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10