Revolve Group price target raised to $19 from $17 at Wedbush

Wedbush raised the firm’s price target on Revolve Group to $19 from $17 and keeps a Neutral rating on the shares. The firm notes Revolve reported a mixed-bag Q1, with revenues re-decelerating quarter-over-quarter, but with much better margin trends. Wedbush is staying sidelined pending greater visibility into a true turnaround here.