BofA raised the firm’s price target on Revolve Group (RVLV) to $25 from $21 and keeps an Underperform rating on the shares. Q4 earnings beat on accelerating sales in both segments, notes the analyst, who is raising the firm’s 2025 EPS estimate by 4% to 78c on improving sales trends, but lowering its 2026 EPS estimate by 2% to 92c to reflect some continued cost pressure in 2026.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RVLV:
- Revolve Group: Sell Recommendation Amid Limited Growth and Margin Constraints
- Revolve Group: Strong Q4 Performance Overshadowed by Uncertain Growth Outlook and Elevated Valuation
- Revolve Group price target raised to $26 from $25 at Barclays
- Revolve Group’s Strategic Growth and International Expansion Drive Buy Rating
- Revolve Group Reports Strong Growth in 2024 Earnings