From Nasdaq: 2025-05-19 18:32:00

European Wax Center’s stock (NASDAQ: EWCZ) saw a more than 2% increase after an analyst raised the price target by 33%. Citigroup’s Kelly Crago now values the stock at $6 per share, up from $4.50. Despite the hike, she maintained a neutral recommendation due to unclear overall strategy. The company’s first-quarter results exceeded expectations, with stronger sales and growth in same-store sales. Management’s efforts to attract new customers were praised, but doubts about future trends remain. Investors should weigh the analyst’s cautious stance before investing in European Wax Center.



Read more at Nasdaq: Why Investors Were Hot on European Wax Center Stock Today