Baird lowered the firm’s price target on European Wax Center (EWCZ) to $5 from $7 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results as a cautious outlook reduces its near-term visibility.
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Read More on EWCZ:
- European Wax Center price target lowered to $4 from $5 at Morgan Stanley
- European Wax Center: Strong Financial Management and Strategic Real Estate Moves Justify Buy Rating Amid Earnings Recovery Potential
- European Wax Center Faces Financial Challenges: Sell Rating Issued Amid Over-Expansion and Ineffective Strategies
- European Wax Center Reports Stable FY 2024 Results
- European Wax Center price target lowered to $15 from $18 at Jefferies