KeyBanc analyst Ashley Owens upgraded Revolve Group (RVLV) to Overweight from Sector Weight with a $37 price target ahead of the Q4 results. The company has returned to sales growth and EBITDA margin expansion amid a growing consumer base, the analyst tells investors in a research note. The firm no longer believes Revolve’s medium-term fundamentals are overshadowed and thinks the stage is set for the company to return to steady sales growth and margin expansion at the start of the year. In addition, its compares are relatively easy through the first half of 2025, contends KeyBanc.
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