Needham Lowers ACV Auctions (ACVA) Price Target to $14, Maintains Buy Rating

ACV Auctions Inc. (NASDAQ:ACVA) is one of billionaire Steve Cohen’s small-cap stock picks with huge upside potential. On October 7, Needham cut its price target on ACV Auctions Inc. (NASDAQ:ACVA) from $16 to $14 while reaffirming a Buy rating. The revision comes despite a surge in hiring activity, which Needham views as a bullish signal for future topline growth amid improving used auto supply and industry momentum. Needham Lowers ACV Auctions (ACVA) Price Target to $14, Maintains Buy Rating The firm adj ...