Barclays Maintains Underweight on Revolve Gr, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Underweight rating on Revolve Group (RVLV) and increased the price target from $12 to $13.
February 29, 2024 | 1:33 pm
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Barclays has maintained an Underweight rating on Revolve Group but raised the price target from $12 to $13.
The maintenance of an Underweight rating suggests continued caution towards RVLV by Barclays, despite a slight increase in the price target. This could indicate a belief in some potential for improvement, but overall skepticism remains. The direct mention of RVLV and specific financial figures (price target change) makes this news highly relevant and important for investors in RVLV. The confidence in this analysis is high due to the clear and specific nature of the analyst's rating and price target adjustment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90