Roth MKM Maintains Buy on BRC, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly maintains a Buy rating on BRC (NYSE:BRCC) but lowers the price target from $10 to $9.
August 11, 2023 | 6:18 pm
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NEUTRAL IMPACT
Despite the lowered price target from $10 to $9, Roth MKM analyst George Kelly maintains a Buy rating on BRC (NYSE:BRCC).
The news is directly about BRC (NYSE:BRCC). The lowered price target might indicate a potential downside, but the maintained Buy rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100