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Valvoline price target raised to $40 from $35 at Stifel

Stifel analyst Chris O’Cull raised the firm’s price target on Valvoline (VVV) to $40 from $35 and keeps a Hold rating on the shares. The company delivered solid Q1 results, with comps up 5.8% and EPS up 16, the analyst tells investors in a research note.

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