Truist Securities Maintains Buy on European Wax Center, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a 'Buy' rating on European Wax Center (NASDAQ:EWCZ), but lowered the price target from $20 to $16.

November 09, 2023 | 9:33 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on EWCZ but lowered the price target from $20 to $16.
The news is directly about EWCZ and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may create some uncertainty. However, the overall impact is neutral as the 'Buy' rating suggests that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100