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JPMorgan analyst Rajat Gupta has reduced the price target for ACV Auctions (ACVA) from $20 to $19, citing weaker auto retail sector fundamentals. Despite the stock's strong performance, the analyst expects a slight compression in valuation multiples. The average one-year target price for ACVA is $23.92, with a high estimate of $28.00 and a low estimate of $20.00. The average brokerage recommendation is "Outperform," and the estimated GF Value for ACVA in one year is $26.79, indicating a 74.87% upside from the current price.
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