Mister Car Wash shares are trading higher after Baird upgraded the stock from Neutral to Outperform and announced a $10 price target.
Portfolio Pulse from Benzinga Newsdesk
Baird has upgraded Mister Car Wash's stock from Neutral to Outperform and set a price target of $10. This has resulted in the company's shares trading higher.
October 13, 2023 | 1:32 pm
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Mister Car Wash's stock has been upgraded by Baird from Neutral to Outperform, with a price target of $10. This has led to an increase in the company's share price.
The upgrade from Baird is a positive signal for Mister Car Wash's stock. The new Outperform rating suggests that the firm expects the stock to do better than the overall market. The $10 price target also indicates a potential upside for the stock. This news has already resulted in the company's shares trading higher, and it could continue to drive the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100