Telsey Advisory Group Maintains Outperform on BRC, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained its 'Outperform' rating on BRC (NYSE:BRCC), but has lowered the price target from $10 to $8.
August 11, 2023 | 9:08 am
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Telsey Advisory Group has maintained its 'Outperform' rating on BRC (NYSE:BRCC), but has lowered the price target from $10 to $8. This could potentially impact the stock's performance in the short term.
While the 'Outperform' rating suggests that the analyst believes the stock will do better than the market average, the lowering of the price target could potentially create a negative sentiment among investors, which could impact the stock's performance in the short term.
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