Baird raised the firm’s price target on Rev Group to $28 from $24 and keeps an Outperform rating on the shares. The firm updated its estimates to reflect the sale of Collins bus, the positive Q1 pre-released, and updated share count/debt following the recent secondary. Overall, Baird continues to see significant and differentiated earnings growth potential through FY25.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on REVG:
- REV Group Launches Public Offering and Reports Strong Preliminary Results
- Rev Group announces offering of 12M shares of common stock for holders
- REV Group Revises Credit Agreement Excluding Dividend
- REV Group Announces Special Dividend, Strategic Restructuring
- REV Group Announces Manufacturing Exit, Projects $23-29M Charges
