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ACV Auctions price target lowered to $13 from $17 at Citi

Citi analyst Ronald Josey lowered the firm’s price target on ACV Auctions (ACVA) to $13 from $17 and keeps a Buy rating on the shares. The firm reduced estimates post the Q3 report but would take advantage of the stock’s 19% drop since the print. ACV’s new product pipeline can drive better growth in 2026, the analyst tells investors in a research note.

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