Multiple input multiple output (MIMO) radar retains transmitting freedom by transmitting multiple waveforms simultaneously. However, due to the cross-correlation between waveforms, the performance of range sidelobes is degraded. So, low sidelobes techniques are especially demanded in MIMO radar. This article proposes a mismatched filtering method for minimizing MIMO radar’s peak sidelobe level ratio (PSLR). In this method, we formulate the problem as a convex optimization (CO) problem and thus ensure its solution is globally optimal. To apply mismatched filters to MIMO radar, we introduce the traditional strategy and propose a new one. Instead of attempting to minimize all auto-correlations and cross-correlations of all waveforms as in the traditional strategy, our proposed strategy directly optimizes the mismatched filter of the synthesis signal for each considered direction. To verify the effectiveness of our method, numerical simulations are carried out. Firstly, the PSLR effects of those two strategies are compared. The results indicate that our proposed strategy dramatically improves the PSLR performance of MIMO radar compared to the traditional one. Then, the influences of several parameters on the PLSR performance are revealed, which indicates that our method is flexible enough to make trade-offs between PSLR and other parameters.