Goldman Sachs Maintains Buy on ACV Auctions, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on ACV Auctions (NASDAQ:ACVA) and raises the price target from $17 to $21.
June 05, 2023 | 12:06 pm
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Goldman Sachs maintains a Buy rating on ACV Auctions and raises the price target from $17 to $21.
Goldman Sachs' Buy rating and increased price target for ACV Auctions (NASDAQ:ACVA) indicate a positive outlook for the stock. The higher price target suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on the stock price as investors may see it as a signal to buy or hold the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100