JMP Securities Maintains Market Outperform on ACV Auctions, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on ACV Auctions (NASDAQ:ACVA) and raises the price target from $19 to $20.
May 09, 2024 | 6:21 pm
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on ACV Auctions and raises the price target from $19 to $20.
The upgrade in the price target by JMP Securities reflects a positive outlook on ACV Auctions, suggesting a belief in the company's potential for growth or improved performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100