CJS Securities Downgrades ACV Auctions to Market Perform
CJS Securities analyst Robert Labick downgrades ACV Auctions (NYSE:ACVA) from Market Outperform to Market Perform.
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U.S. stock futures mostly lower. OppFi (OPFI) shares fall after missing Q2 earnings and cutting FY26 guidance. Other stocks also down in pre-market.
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CJS Securities analyst Robert Labick downgrades ACV Auctions (NYSE:ACVA) from Market Outperform to Market Perform.
Citigroup analyst Ronald Josey maintains ACV Auctions (NYSE:ACVA) with a Neutral and raises the price target from $8.5 to $10.5.
Investor rights law firm Halper Sadeh LLC is investigating multiple companies for potential securities law violations and breaches of fiduciary duties related to acquisition transactions. The firm is examining whether shareholders are receiving fair consideration in deals involving ACV's sale to Copart for $10.50/share and Safety Insurance Group's sale to a Mapfre affiliate for $105.00/share, among others. The firm seeks to obtain increased consideration and additional disclosures on behalf of shareholders.
Oppenheimer analyst Colin Rusch maintains Electrovaya (NASDAQ:ELVA) with a Outperform and lowers the price target from $14 to $13.
U.S. stock futures higher, Nasdaq 100 up 150 pts. National CineMedia shares down 16.4% on weak Q2 results and Captivate Holdings acquisition. Other stocks also falling in pre-market trading.