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221220 revolv

Since the beginning of the year, online clothing retailer Revolve Group Inc. (NYSE: RVLV) gained more than 50%. The company specializes in the sale of clothing for holidays and parties. Analysts at Piper Sandler upgraded Revolve Group's recommendation to above market and set a target price of $ 30. Experts believe that the company will be able to return to growth in 2021, as soon as family, corporate and mass events resume. In the last reporting quarter, sales grew by 2% yoy. The number of orders in the third quarter was 5% higher yoy. Last auction, RVLV's share was worth $ 27.85.

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