Piper Sandler Upgrades Mister Car Wash to Overweight, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Peter Keith has upgraded Mister Car Wash (NYSE:MCW) from Neutral to Overweight and raised the price target from $9 to $12.
August 28, 2023 | 9:22 am
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POSITIVE IMPACT
Mister Car Wash's stock rating has been upgraded to Overweight from Neutral by Piper Sandler, with a price target increase from $9 to $12.
The upgrade from Neutral to Overweight by Piper Sandler indicates a positive outlook for Mister Car Wash. The increase in price target from $9 to $12 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100