Baird Maintains Neutral on Revolve Gr, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager has maintained a Neutral rating on Revolve Group (RVLV) and increased the price target from $19 to $23.
May 08, 2024 | 11:00 am
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Baird analyst Mark Altschwager maintains a Neutral rating on Revolve Group but raises the price target from $19 to $23.
The increase in price target from $19 to $23 by Baird indicates a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on RVLV's stock price. However, the maintenance of a Neutral rating suggests that the analyst sees limitations to the stock's upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100