Revolve Group price target lowered to $19 from $25 at Roth Capital

Roth Capital lowered the firm’s price target on Revolve Group (RVLV) to $19 from $25 and keeps a Buy rating on the shares. The firm had expected soft Q2 sales commentary and margin pressure from tariffs, and that’s what Revolve provided, which will likely drive near-term weakness in the stock despite an otherwise decent Q1 that was highlighted by healthy sales growth, lower return rates, and opex leverage driving adjusted EBITDA margin expansion, the analyst tells investors in a research note.