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Revolve Group price target raised to $26 from $24 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Revolve Group (RVLV) to $26 from $24 and keeps an Equal Weight rating on the shares. Q3 revenue growth of 4% slightly missed the firm’s 6% year-over-year forecast, though Q3 EBITDA came in about 55% ahead of its forecast, notes the analyst, who thinks Revolve “could be a compelling set-up into 2026” if the company can reaccelerate topline growth.

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