Mister Car Wash, Inc (MCW) Misses Q2 EPS by 1c, Offers Guidance

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Morgan Stanley Downgrades Mister Car Wash Inc. (MCW) to Equalweight

August 12, 2022 8:33 AM EDT

Morgan Stanley analyst Simeon Gutman downgraded Mister Car Wash Inc. (NYSE: MCW) from Overweight to Equalweight with a price target of $11.00 (from $16.00).\

The analyst comments "Downgrading MCW to EW on cloudier near-term earnings outlook. Our conviction in MCW's long-term fundamentals & growth potential is unchanged. But... More