Evercore ISI Group Initiates Coverage On Revolve Gr with In-Line Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has initiated coverage on Revolve Group (NYSE:RVLV) with an In-Line rating and a price target of $14.
November 07, 2023 | 9:49 am
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Revolve Group (RVLV) has been initiated with an In-Line rating by Evercore ISI Group, with a price target of $14.
The initiation of coverage by Evercore ISI Group with an In-Line rating suggests that the analyst believes the stock is expected to perform approximately as well as the overall market in the near term. The price target of $14 provides a reference point for investors, which could influence trading behavior. However, the impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100