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Mister Car Wash: Rating Upgrade On Better FY25 Growth And Adj EBITDA Performance
MCWMister Car Wash(MCW) Seeking Alpha·2024-08-02 15:01

i II II t i I 1 T tion L I the r T E 0 L l + I 4 1 r 11 t l L III Property 11 11 11 l 1 = H 1 i H 1 t t 1 I F 1 F t - 1 Pascal Preti Investment action I recommended a hold rating for Mister Car Wash (NYSE:MCW) when I wrote about it in May, as I expected poor growth due to lower consumer spending and customer churn. Based on my current outlook and analysis, I recommend a buy rating for MCW. My key update to my thesis is that the growth outlook for FY25 and the adj. EBITDA performance is better than my initia ...