B of A Securities Maintains Buy on European Wax Center, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on European Wax Center (NASDAQ:EWCZ) but has lowered the price target from $19 to $16.
May 16, 2024 | 11:02 am
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NEUTRAL IMPACT
B of A Securities has maintained its Buy rating on European Wax Center but has lowered the price target from $19 to $16.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100