Barclays Reaffirms Their Hold Rating on Revolve Group (RVLV)
In a report released today, Trevor Young from Barclays maintained a Hold rating on Revolve Group, with a price target of $24.00.
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Young covers the Consumer Cyclical sector, focusing on stocks such as Expedia, TripAdvisor, and Booking Holdings. According to TipRanks, Young has an average return of -2.5% and a 49.07% success rate on recommended stocks.
In addition to Barclays, Revolve Group also received a Hold from TipRanks – Google’s Google Specialty Retail in a report issued today. However, on the same day, William Blair maintained a Buy rating on Revolve Group (NYSE: RVLV).
Based on Revolve Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $295.63 million and a net profit of $21.18 million. In comparison, last year the company earned a revenue of $283.15 million and had a net profit of $10.97 million
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