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.

You May Also Be Interested In

• Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR18 at JPMorgan
• National Health Investors (NHI) PT Lowered to $81 at Truist Securities
• BofA Securities Starts Dollarama Inc. (DOL:CN) (DLMAF) at Buy