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Valvoline price target lowered to $30 from $38 at JPMorgan

JPMorgan analyst Jeffrey Zekauskas lowered the firm’s price target on Valvoline (VVV) to $30 from $38 and keeps a Neutral rating on the shares. The firm reduced 2026 estimates following Valvoline’s Q3 report. Same-store sales growth for Valvoline appears to be slowly decelerating while its interest expense is moving higher for the Breeze acquisition, the analyst tells investors in a research note.

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