UPDATE: Jefferies Starts European Wax Center (EWCZ) at Buy
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Street's New Coverage of European Wax Center (EWCZ) Leaning Positive, Seen as a Market Leader
August 30, 2021 9:59 AM EDTAt least 8 Wall Street research firms started their coverage of European Wax Center (NASDAQ: EWCZ) after the company went public earlier this month.
EWCZ sold 10.6 million shares at $17 apiece, higher than the midpoint of the previously communicated IPO range of $15.00 to $18.00 each.
Shares of the company now trade significantly above the IPO price as the stock enjoys a very strong start to its trading season. On its first trading day, EWCZ opened at $21.39.
Guggenheim and Morgan Stanley are the only research firms to stay on the sidelines while other analysts are... More
Guggenheim Starts European Wax Center (EWCZ) at Neutral
August 30, 2021 6:15 AM EDTGuggenheim analyst John Heinbockel initiates coverage on European Wax Center (NASDAQ: EWCZ) with a Neutral rating.
The analyst commented, "We initiate coverage of European Wax Center, the leading out-of-home (OOH) waxing brand in the US, with a NEUTRAL rating. Its dominant position in a... More
UPDATE: Baird Starts European Wax Center (EWCZ) at Outperform
August 30, 2021 4:11 AM EDT(Updated - August 30, 2021 6:28 AM EDT)
Baird analyst Jonathan Komp initiates coverage on European Wax Center (NASDAQ: EWCZ) with a Outperform rating and a price target of $30.00.
The analyst comments "European Wax Center has pioneered the Out of Home waxing service industry, leveraging a... More
Morgan Stanley Starts European Wax Center (EWCZ) at Equalweight
August 30, 2021 4:02 AM EDTMorgan Stanley analyst Simeon Gutman initiates coverage on European Wax Center (NASDAQ: EWCZ) with a Equalweight rating and a price target of $25.00.
For an analyst ratings summary and ratings history on European Wax Center... More
