Rev Group price target raised to $14 from $13 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Rev Group to $14 from $13 but keeps a Sell rating on the shares. The company’s Q3 results reflect meaningfully improved operating performance in Fire & Emergency, though these were partly offset by lower RV and Commercial sales forecasts, the analyst tells investors in a research note. The firm adds that Rev Group’s upside in the Fire & Emergency business is balanced by a cyclical slowdown in RV & Commercial.