Baird analyst Jonathan Komp raised the firm’s price target on European Wax Center to $21 from $19 and keeps an Outperform rating on the shares. The analyst said they provided an encouraging update, including healthy Q4 revenue/EBITDA upside, a positive 2023E outlook; especially for new unit development, and signs of recent same-store sales momentum.
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Read More on EWCZ:
- European Wax Center announces leadership updates
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