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J.P. Morgan Analyst Reiterates Buy Rating on ACV Auctions, ACVA


Rajat Gupta
analyst at J.P. Morgan reiterates coverage on ACV Auctions (ACVA) in the Consumer Goods sector with a Buy rating. TipRanks.com has Gupta rated as a 4.4 star analyst with a 72% return on investment and a 30.3% success rate. Gupta has set a price target of $25.

TipRanks.com reports that ACV Auctions currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $30.50. The target pricing ranges from a high forecast of $35.00 down to a low forecast of $25.00. ACV Auctions (ACVA)’s last closing price was $19.8 which would put the average price target at 30.50% upside.

In addition, TradingView issued a Strong Sell rating for ACVA over the next month, Yahoo! Finance has a short-term outlook. Remember, securities are volatile, so please do your own research on ACVA.

Other analysts covering ACVA include:
  • Michael Graham of Canaccord Genuity issued a Buy rating with the price target of $32 on 3 weeks ago
  • John Colantuoni of Jefferies issued a Buy rating with the price target of $35 on 3 weeks ago
  • Stephanie Moore of Truist Financial issued a Buy rating with the price target of $30 on 1 month ago
  • Jason Bazinet of Citigroup issued a Buy rating with the price target of $23 on 3 months ago
If you are interest in stocks like ACVA or stocks in the Consumer Goods sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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