Dave & Buster's (PLAY) Sell-Off on Bankruptcy Fears 'Unfounded' - Truist Securities
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Dave & Buster's (PLAY) Upgraded Multiple Times on Bankruptcy 'Overreaction'
September 18, 2020 9:50 AM EDTStifels analyst Chris O'Cull upgraded Dave & Buster's (NASDAQ: PLAY) stock to a "Buy" from "Hold" with a $20 target price. The analyst believes the current price ($14.12) represents an attractive investment opportunity for investors with higher risk tolerance.
Shares of PLAY tumbled 26% yesterday following a WSJ article noting the language in the company's 10-Q, which was filed last week. It states that a failure to obtain additional waivers from lenders may result in the need to petition for relief under Chapter 11.
We argue the... More
Dave & Buster's Entertainment (PLAY) Set to Open Lower on Bankruptcy Concerns
September 17, 2020 8:51 AM EDTDave & Buster's Entertainment (NASDAQ: PLAY) was set to open lower following a Dow Jones report that said the company "warns of bankruptcy if no lender deal is stuck." The report cites a filing from last week.
Shares are set to open down 12%.
... More