BRC Inc. price target raised to $7 from $6 at Roth MKM

Roth MKM analyst George Kelly raised the firm’s price target on BRC Inc. to $7 from $6 and keeps a Buy rating on the shares. The company reported a mostly better than expected Q1 and sees the management making progress in unlocking brand value and creating a higher-margin, more predictable financial model, with “significant opportunity” for continued progress, the analyst tells investors in a research note.