Needham Maintains Buy on ACV Auctions, Raises Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Chris Pierce maintains a Buy rating on ACV Auctions (NASDAQ:ACVA) and raises the price target from $20 to $23.
June 20, 2023 | 9:16 am
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POSITIVE IMPACT
Needham analyst Chris Pierce maintains a Buy rating on ACV Auctions and raises the price target from $20 to $23.
The news of Needham maintaining a Buy rating and raising the price target for ACV Auctions is positive for the stock. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to an increase in investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100