BRC Inc. price target lowered to $2 from $2.50 at Roth Capital

Roth Capital analyst George Kelly lowered the firm’s price target on BRC Inc. (BRCC) to $2 from $2.50 and keeps a Neutral rating on the shares after its Q1 results. Food, Drug, Mass segment business remains strong, but the firm sees elevated margin risk from green coffee inflation and tariffs, also finding it challenging to forecast the Energy drink ramp, the analyst tells investors in a research note.