Piper Sandler lowered the firm’s price target on Mister Car Wash (MCW) to $8 from $11 and keeps an Overweight rating on the shares following Q2 results, which saw a slight comp and EPS miss. The high end of guidance was also reduced slightly, Piper adds.
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Read More on MCW:
- Mister Car Wash price target lowered to $8 from $9 at Baird
- Resilient Membership Base Drives Buy Rating for Mister Car Wash Despite Retail Sales Decline
- Mister Car Wash Reports Steady Growth in Q2 2025
- Mister Car Wash reports Q2 EPS 11c, consensus 13c
- Mister Car Wash narrows FY25 adjusted EPS view to 42c-43c from 42c-44c