Telsey Advisory Group Maintains Outperform on European Wax Center, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group maintains an Outperform rating on European Wax Center (NASDAQ:EWCZ) but lowers the price target from $18 to $16.
May 16, 2024 | 12:21 pm
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Telsey Advisory Group maintains an Outperform rating on European Wax Center but lowers the price target from $18 to $16.
The Outperform rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100