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Wells Fargo sees younger crowd boosting Dave & Buster's

Published 06/08/2017, 12:15 PM
© Reuters.  Wells Fargo sees younger crowd boosting Dave & Buster's
WFC
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PLAY
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  • Wells Fargo (NYSE:WFC) sees Dave & Buster's Entertainment (PLAY -1%) continuing to gain market share as the brand gain traction with younger generations.
  • The investment firm keeps D&B rated at Outperform and ups its price target to $78.
  • "We continue to believe that PLAY represents one of the highest quality unit growth stories in the sector," reads the WF note.
  • Dave & Buster's carved out a new all-time high of $73.48 earlier today.
  • Previously: Paramount launches new division to inject life into film schedule (June 7)
  • Previously: Dave & Buster's rallies to all-time high (June 7)
  • Now read: Denny's Corporation (DENN) Presents At Stephens 2017 Spring Investment Conference - Slideshow


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