Why Wall Street Is So Bullish on Revolve Group - 1 minute read
How Analysts View Revolve Group After Its Quiet Period (NYSE: RVLV)
The quiet period has come to a close for Revolve Group Inc. (NYSE: RVLV) and analysts are starting to weigh in on the firm. Most analysts were fairly positive, with only one real detractor.
Revolve is self-described as the next-generation fashion retailer for Millennial and Generation Z consumers. It acts like a premium lifestyle brand and a go-to online source for discovery and inspiration. The firm has a sizable curated offering totaling over 45,000 apparel, footwear, accessories and beauty styles.
Overall, the analysts cited Revolve’s financial performance, influencer marketing strategy and opportunities to expand internationally as key differentiators and growth drivers.
In fact, the company listed some of its highlights from 2018:
Here’s what analysts had to say:
Shares of Revolve Group traded up over 8% at $35.56 on Tuesday, in a 52-week range of $25.11 to $48.36.
Source: 247wallst.com
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Keywords:
New York Stock Exchange • New York Stock Exchange • Millennials • Generation Z • Lifestyle brand • Clothing • Footwear • Fashion accessory • Beauty • Shorts • Overall • Influencer marketing • Marketing strategy •
The quiet period has come to a close for Revolve Group Inc. (NYSE: RVLV) and analysts are starting to weigh in on the firm. Most analysts were fairly positive, with only one real detractor.
Revolve is self-described as the next-generation fashion retailer for Millennial and Generation Z consumers. It acts like a premium lifestyle brand and a go-to online source for discovery and inspiration. The firm has a sizable curated offering totaling over 45,000 apparel, footwear, accessories and beauty styles.
Overall, the analysts cited Revolve’s financial performance, influencer marketing strategy and opportunities to expand internationally as key differentiators and growth drivers.
In fact, the company listed some of its highlights from 2018:
Here’s what analysts had to say:
Shares of Revolve Group traded up over 8% at $35.56 on Tuesday, in a 52-week range of $25.11 to $48.36.
Source: 247wallst.com
Powered by NewsAPI.org
Keywords:
New York Stock Exchange • New York Stock Exchange • Millennials • Generation Z • Lifestyle brand • Clothing • Footwear • Fashion accessory • Beauty • Shorts • Overall • Influencer marketing • Marketing strategy •