Revlon (REV) Misses Q3 EPS by 51c, Miss on Revenues

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Revlon (REV) PT Raised to $20 at Jefferies; Reitetates Hold Rating

November 6, 2017 7:30 AM EST

Jefferies raised its price target on Revlon (NYSE: REV) to $20.00 (from $16.00) while maintaining a Hold rating following the company's 3Q earnings report. Sales declined 11.6%, driven by a 11% decline in Consumer, 12% decline in Professional, and 10% decline in Elizabeth Arden. Weakness in the consumer segment... More