Telsey Advisory lowered the firm’s price target on European Wax Center (EWCZ) to $5 from $6 and keeps a Market Perform rating on the shares. There were “no real surprises” in the company’s Q4 reports, the analyst tells investors. With a new management team and challenging consumer operating environment, visibility to a timeline for improvement remains challenging, the firm adds.
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Read More on EWCZ:
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