I don’t think it’s a hard threshold. Some people are bad standardised test takers. If the rest of their application shows they won’t flunk their math tests, a lower score could be fine. If, on the other hand, it looks like a pattern, a marginal score could be seen to not make the cut.
Certainly the article would not support reading "accepting" as "admitting".
"We do not prefer people with perfect scores"
"our research shows students also need [...] the resilience to rebound from its challenges, and the initiative to make use of its resources. That’s why we don’t select students solely on how well they score on the tests, but only consider scores to the extent they help us feel more confident about an applicant’s preparedness ..."
I read this as saying two extremely important traits are:
* resilience
* initiative
Not test scores.