Roth MKM Reiterates Buy on BRC, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly has reiterated a Buy rating on BRC Inc. (NYSE:BRCC) and increased the price target from $6 to $7.
May 10, 2024 | 2:12 pm
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Roth MKM analyst George Kelly has reiterated a Buy rating on BRC Inc. and raised the price target from $6 to $7, indicating a positive outlook on the stock.
The reiteration of a Buy rating combined with an increased price target usually signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
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IMPORTANCE 90
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