Goldman Sachs assumed coverage of Valvoline (VVV) with a Buy rating and $45 price target Valvoline is a “best-in-class operator” that competes in a highly-fragmented market that benefits from non-discretionary, needs-based demand, and is positioned well in the current macro environment with limited impacts from tariffs, the analyst tells investors in a research note. The firm says the company’s current valuation is being weighed by certain narrative headwinds that will subside in the coming quarters, resulting in a multiple re-rating.
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Read More on VVV:
- Valvoline price target lowered to $44 from $45 at Piper Sandler
- Valvoline’s Strong Performance and Strategic Positioning Justify Buy Rating Amid Macroeconomic Challenges
- Valvoline Inc. Reports Growth Amid Strategic Changes
- Valvoline: Balancing Growth Potential with Immediate Challenges – A Hold Rating Analysis
- Valvoline Inc. Earnings Call Highlights Growth and Challenges
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