Piper Sandler Upgrades Revolve Gr to Overweight, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Edward Yruma has upgraded Revolve Group (RVLV) from Neutral to Overweight and increased the price target from $16 to $21.
January 17, 2024 | 10:29 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Revolve Group's stock rating has been upgraded by Piper Sandler from Neutral to Overweight, with a price target increase from $16 to $21.
Upgrades by analysts, especially from a neutral to an overweight rating, typically suggest a positive outlook on the stock and can lead to increased investor confidence. The raised price target further supports the expectation of stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100