Analyst says Bowlero Corp. plans to eventually convert all centers to string pinsetters

Bowlero Corp. stock jumped nearly 8% on Tuesday after an analyst started coverage of the company on Monday with a buy rating and $26 per share target price, according to media reports. Bowlero (NYSE:BOWL) rose 7.9%, or $1.20 per share, to close at $16.40 on Tuesday after Stifel put out its research note on Monday morning, DefenseWorld.net reported. In the note, Stifel’s Steven Wieczynski wrote that “The legendary bowler Pete Weber once proclaimed, “Who do you think you are...