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ACV Auctions price target raised to $7 from $6 at BofA

BofA raised the firm’s price target on ACV Auctions (ACVA) to $7 from $6 and keeps an Underperform rating on the shares. The company reported “solid” Q4 results, but gave “mixed” FY26 guidance, notes the analyst, whose FY26 revenue and EBITDA estimates are 6% and 3% lower than the firm’s prior estimates, respectively.

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