UBS Sticks to Its Hold Rating for Revolve Group (RVLV)
In a report released yesterday, Jay Sole from UBS maintained a Hold rating on Revolve Group, with a price target of $31.00. The company’s shares closed yesterday at $22.84.
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According to TipRanks, Sole is a 4-star analyst with an average return of 4.9% and a 48.07% success rate. Sole covers the Consumer Cyclical sector, focusing on stocks such as Boot Barn, Nike, and Ralph Lauren.
Revolve Group has an analyst consensus of Moderate Buy, with a price target consensus of $29.55, implying a 29.38% upside from current levels. In a report released on February 27, TipRanks – OpenAI also downgraded the stock to a Hold with a $29.00 price target.
Based on Revolve Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $324.37 million and a net profit of $18.55 million. In comparison, last year the company earned a revenue of $293.73 million and had a net profit of $12.34 million
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Disclaimer & DisclosureReport an Issue
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- Revolve Group price target raised to $24 from $20 at BofA
- Revolve Group price target raised to $29 from $27 at Morgan Stanley
