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Actionable news in PLAY: DAVE & BUSTER'S ENTERTAINMENT Inc,

Dave & Busters: Dip Offers Considerable Upside

Summary

On no significant news, shares of PLAY dropped almost 3% on a day when broader indices closed at record highs.

We think this dip offers investors a good buying opportunity.

Investors get a lot of growth in a promising market for what is not that rich of a valuation.

We think fair value is $56 per share, or almost 20% higher than current market value.

While broader indices climbed to all-time highs, we became interested in high-flying stock Dave & Buster's (NASDAQ:PLAY) as it dropped almost 3% on no significant news. We think this dip, against the...


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