Wedbush Maintains Neutral on Revolve Gr, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained a Neutral rating on Revolve Group (RVLV) and raised the price target from $17 to $19.
May 08, 2024 | 2:41 pm
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Wedbush analyst Tom Nikic maintains a Neutral rating on Revolve Group but raises the price target from $17 to $19.
The increase in price target by Wedbush reflects a positive outlook on Revolve Group's stock value in the short term, likely due to improved financial performance or market conditions. This adjustment suggests that the stock might have a potential upside, despite the Neutral rating, which could attract investor interest and possibly lead to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90