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Revolve Group price target raised to $24 from $19 at Roth Capital

Roth Capital raised the firm’s price target on Revolve Group (RVLV) to $24 from $19 and keeps a Buy rating on the shares. The firm cites a pick-up in Revolve’s key metrics in May/June, bumping up its Q2 sales estimates as checks on credit card data and promotions suggest steady improvement during the quarter, the analyst tells investors in a research note.

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