B of A Securities Maintains Buy on ACV Auctions, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Nat Schindler maintains a Buy rating on ACV Auctions (NASDAQ:ACVA) and raises the price target from $15.5 to $18.
May 30, 2023 | 11:23 am
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POSITIVE IMPACT
B of A Securities analyst Nat Schindler maintains a Buy rating on ACV Auctions and raises the price target from $15.5 to $18.
The news of B of A Securities maintaining a Buy rating and raising the price target for ACV Auctions is positive for the company's stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. As a result, the stock price is expected to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100