BRC Inc. price target lowered to $4 from $6 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on BRC Inc. (BRCC) to $4 from $6 and keeps an Outperform rating on the shares. The company continues to balance sales growth and profits at its progresses to becoming a larger consumer brand, the analyst tells investors. Overall, Telsey believes the company is making progress, but slower than previously anticipated.