Jefferies Maintains Buy on ACV Auctions, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni maintains a Buy rating on ACV Auctions (NASDAQ:ACVA) and raises the price target from $18 to $20.
July 25, 2023 | 3:59 pm
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POSITIVE IMPACT
Jefferies analyst maintains a Buy rating on ACV Auctions and raises the price target from $18 to $20, which could lead to a positive market reaction.
The raised price target by Jefferies indicates a positive outlook for ACV Auctions. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100