BRC Inc. price target raised to $7 from $6 at DA Davidson

DA Davidson raised the firm’s price target on BRC Inc. to $7 from $6 and keeps a Buy rating on the shares after its Q1 earnings beat. Since the stock’s de-SPAC, Black Rifle Coffee has emerged as a brand with significant growth opportunities due to its strong resonation from consumers across demographics and geographies, the analyst tells investors in a research note.