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Benzinga
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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