Telsey Advisory analyst Dana Telsey raised the firm’s price target on European Wax Center to $23 from $22 and keeps an Outperform rating on the shares. Despite “slight” Q2 outperformance, European Wax reiterated its annual outlook, which the firm views as “a prudent approach,” adding that it sees the affirmation of guidance as evidence of the stability of the company’s operating model.
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