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Benzinga

Business

Shivani Kumaresan

Read Why William Blair Is Optimistic On This Car Wash Company

William Blair MCW NYSE United States

William Blair analyst Ryan Sundby initiated coverage of Mister Car Wash Inc (NYSE:MCW) with an Outperform rating and no price target.
Sundby notes Mister Car Wash has become a leader in the U.S. car wash market.
The investor specifies that the car wash industry can grow at a mid-single-digit rate.
The analyst predicts a significant growth trajectory and attractive unit economics for the company.
Price Action: MCW shares are trading higher by 4.01% at $15.81 on the last check Wednesday.

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