REVG - REV Group drops 4% alongside downgrade by Baird

Baird analyst Mircea Dobre downgraded REV Group (REVG -4.3%)REV Group  from Outperform to Neutral with a price target of $14.00 Analyst points the Russia/Ukraine war impact on input costs and steel prices that could eliminate the positive price/cost and margin expected in 2H22/1H23. Looking at the macro environment and order concerns , bank doesn't see  potential for outperformance despite recent pullback/ valuation. Buy rating on the stock by contributor who comments: 'REV Group: The Easy Upside Has Been Captured, But Potential Remains'

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REV Group drops 4% alongside downgrade by Baird