Roth/MKM Downgrades BRC Inc. (BRCC) to Neutral

Roth/MKM analyst George Kelly downgraded BRC Inc. (NYSE: BRCC) from Buy to Neutral with a price target of $4.00 (from $8.00).

The analyst comments "We are stepping to the sidelines until we have a clearer picture of BRCC's growth outlook and various new initiatives. That picture may not form until mid-2025. In the meantime, we think the stock likely trades range-bound. Our PT falls to $4."

For an analyst ratings summary and ratings history on BRC Inc. click here. For more ratings news on BRC Inc. click here.

Shares of BRC Inc. closed at $3.37 yesterday.

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