Revolve Group price target raised to $25 from $21 at Raymond James

Raymond James raised the firm’s price target on Revolve Group (RVLV) to $25 from $21 and keeps an Outperform rating on the shares. Raymond James sees Q2 results in line with consensus but with modestly less gross margin pressure from tariffs compared to when Revolve reported Q1, the analyst tells investors in a research note.