Deutsche Bank Maintains Hold on BRC, Lowers Price Target to $5
Portfolio Pulse from jenniferd'souza@benzinga.com
Deutsche Bank analyst Steve Powers has maintained a 'Hold' rating on BRC (NYSE:BRCC) and lowered the price target from $7 to $5.
August 11, 2023 | 1:14 pm
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NEGATIVE IMPACT
Deutsche Bank has maintained a 'Hold' rating on BRC and lowered the price target from $7 to $5, which could potentially impact the stock's performance.
The lowering of the price target by Deutsche Bank from $7 to $5 indicates a bearish outlook for the stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100