Truist Securities Maintains Buy on European Wax Center, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on European Wax Center (NASDAQ:EWCZ) but lowered the price target from $17 to $16.
May 16, 2024 | 12:18 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Buy rating on European Wax Center but lowered the price target from $17 to $16.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100