Morgan Stanley Reaffirms Their Hold Rating on REV Group (REVG)
Morgan Stanley analyst Angel Castillo maintained a Hold rating on REV Group today and set a price target of $71.00.
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Castillo covers the Industrials sector, focusing on stocks such as Caterpillar, Donaldson Company, and Terex. According to TipRanks, Castillo has an average return of -1.2% and a 51.02% success rate on recommended stocks.
In addition to Morgan Stanley, REV Group also received a Hold from D.A. Davidson’s Michael Shlisky in a report issued today. However, on December 11, TR | OpenAI – 4o upgraded REV Group (NYSE: REVG) to a Buy.
Based on REV Group’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $644.9 million and a net profit of $29.1 million. In comparison, last year the company earned a revenue of $579.4 million and had a net profit of $18 million
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