Roth MKM Maintains Buy on Revolve Gr, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda maintains a 'Buy' rating on Revolve Group (NYSE:RVLV) but lowers the price target from $20 to $16.
November 01, 2023 | 2:19 pm
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NEUTRAL IMPACT
Revolve Group's price target has been lowered from $20 to $16 by Roth MKM, though the 'Buy' rating is maintained.
The news is directly about Revolve Group. The lowering of the price target might indicate a potential downside risk, but the maintained 'Buy' rating suggests that the analyst still sees potential upside. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100