Morgan Stanley Maintains Equal-Weight on Revolve Gr, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on Revolve Group (NYSE:RVLV) and lowered the price target from $22 to $21.
July 13, 2023 | 1:56 pm
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Morgan Stanley has maintained an Equal-Weight rating on Revolve Group and lowered the price target from $22 to $21.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Revolve Group in the short term. This is because the new price target suggests a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100