BRC Inc. price target lowered to $6 from $8 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on BRC Inc. to $6 from $8 and keeps an Outperform rating on the shares. The company reported “mixed” Q2 results and the firm is “disappointed” by the magnitude of the sales decline, the analyst tells investors. Looking into 2025, the firm expects the company to benefit from product resets and account wins on the FDM side.