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Mister Car Wash price target raised to $9 from $8 at Morgan Stanley

Mister Car Wash price target raised to $9 from $8 at Morgan Stanley

Morgan Stanley analyst Simeon Gutman raised the firm’s price target on Mister Car Wash (MCW) to $9 from $8 and keeps an Equal Weight rating on the shares. A strong finish to 2024 and quarter-to-date comp momentum are “encouraging signs,” says the analyst, who adds that 2025 guidance “looks conservative” and sees “greater risks to the upside than downside.”

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