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PLAY - Good news already priced into Dave & Buster's as Piper moves to sidelines
Dave & Buster's Entertainment Inc.
2024-04-03 17:33:06 ET
Dave & Buster’s Entertainment ( NASDAQ: PLAY ) is in the process of executing on a series of positive growth initiatives and Piper Sandler commends the company on its ability to deliver EBITDA and margins better than expected. But with most of the good news already priced in and the risk-reward balanced, the firm moves to the sidelines and downgraded Dave & Buster’s ( PLAY ) to Neutral from Overweight....