Lucky Strike Entertainment (LUCK) PT Lowered to $16 at Canaccord Genuity

Canaccord Genuity analyst Jason Tilchen lowered the price target on Lucky Strike Entertainment (NYSE: LUCK) to $16.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "Lucky Strike Entertainment (LUCK): The company has accelerated the pace of its rebranding initiative over recent months, implementing numerous enhancements to its bowling centers as it begins another refresh cycle, although investors will primarily be focused on both consumer and corporate event demand trends given macro uncertainty."

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