Stephens Raises CEC Entertainment (CEC) to Overweight Despite Q2 Miss

An analyst at Stephens upgraded shares of CEC Entertainment (NYSE: CEC) from Equal Weight to Overweight today. The firm maintained its $39 price target.

The upgrade follows a Q2 miss and lower guidance from the company yesterday. Shares of CEC have fallen more than 6.5% today.

With shares of CEC last trading around $32.27, Stephens' new price target suggests potential upside of almost 21%.

Track all the analyst action on CEC shares with our Analyst Ratings page.

CEC Entertainment, Inc., together with its subsidiaries, develops, operates, and franchises family dining and entertainment centers under the name ‘Chuck E. Cheese’s’ in the United States and internationally.

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