Analyst Ratings for ACV Auctions
Portfolio Pulse from Benzinga Insights
ACV Auctions (NASDAQ:ACVA) has received a number of analyst ratings in the last quarter, with the majority being bullish. In the last 3 months, 21 analysts have offered 12-month price targets for ACV Auctions, with an average price target of $19.71, an increase of 20.99% from the previous average price target of $16.29.
August 08, 2023 | 12:00 pm
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POSITIVE IMPACT
ACV Auctions has received mostly bullish ratings from analysts, with an increased average 12-month price target. This could potentially lead to increased investor confidence and a positive impact on the stock price.
Analyst ratings often influence investor sentiment and can impact stock prices. The majority bullish ratings and increased price target for ACV Auctions indicate a positive outlook for the company, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100