JMP Securities Maintains Market Outperform on ACV Auctions, Raises Price Target to $20
Portfolio Pulse from jenniferd'souza@benzinga.com
JMP Securities analyst Nicholas Jones has maintained a Market Outperform rating on ACV Auctions (NASDAQ:ACVA) and raised the price target from $18 to $20.
August 08, 2023 | 1:25 pm
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POSITIVE IMPACT
ACV Auctions' price target has been raised from $18 to $20 by JMP Securities, with a maintained Market Outperform rating.
The raised price target and maintained Market Outperform rating by JMP Securities indicates a positive outlook for ACV Auctions. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100