tiprankstipranks
The Fly

ACV Auctions price target raised to $18 from $16 at Piper Sandler

ACV Auctions price target raised to $18 from $16 at Piper Sandler

Piper Sandler raised the firm’s price target on ACV Auctions (ACVA) to $18 from $16 and keeps a Neutral rating on the shares following “better-than-expected” Q3 results. Piper commented that its estimates are coming up to reflect the accelerating revenue growth and margin expansion ACV Auctions demonstrated in the quarter.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com