Morgan Stanley Assumes Revolve Gr at Equal-Weight, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has assumed coverage of Revolve Group (NYSE:RVLV) with an Equal-Weight rating and increased the price target to $26.
October 21, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley's analyst Lauren Schenk has assumed coverage of Revolve Group with an Equal-Weight rating and increased the price target to $26, indicating a neutral stance with a slight positive outlook.
The assumption of coverage by a major financial institution like Morgan Stanley, along with a raised price target, suggests a neutral but slightly positive outlook for Revolve Group. This could lead to a modest increase in investor interest and potentially a short-term price uptick.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100