B. Riley raised the firm’s price target on ACV Auctions to $23 from $22 and keeps a Buy rating on the shares. The firm raised its Q1 revenue and adjusted EBITDA expectations following the company’s Q4 report.
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Read More on ACVA:
- ACV Auctions price target raised to $24 from $22 at Canaccord
- ACV Auctions settles antitrust litigation related to the AutoIMS tech platform
- ACV Auctions sees Q1 revenue $141 -$146M , consensus $141.59M
- ACV Auctions reports Q4 EPS (14c) , consensus (15c)
- ACV Announces Fourth Quarter and Full-Year 2023 Results
