NYSE:ACVACommercial Services
Reassessing ACV Auctions (ACVA) Valuation After Jefferies’ Downgrade to Hold
Jefferies Downgrade Nudges Investors to Reassess ACV Auctions
Jefferies just moved ACV Auctions (ACVA) from Buy to Hold, a shift that cools the tone around the stock even as broader analyst sentiment stays positive on the company’s long term potential.
See our latest analysis for ACV Auctions.
The Jefferies downgrade comes after a volatile stretch for ACV Auctions, with a 30 day share price return of 28.21 percent but a steep year to date share price decline of 61.8 percent, suggesting...