Read Why William Blair Is Optimistic On This Car Wash Company

by Shivani Kumaresan, Benzinga Staff Writer

March 16, 2022 11:31 AM | 28 seconds read |

William Blair analyst Ryan Sundby initiated coverage of Mister Car Wash Inc 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.