Truist Securities Maintains Buy on European Wax Center, Lowers Price Target to $16-Report released on 8th Nov 2023
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 | 10:23 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on European Wax Center but lowered the price target from $20 to $16.
The news is directly about EWCZ and is important as it comes from a reputable analyst. The 'Buy' rating is maintained which is positive, but the lowering of the price target might create some uncertainty among investors. This could potentially lead to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100