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Valvoline price target raised to $42 from $40 at Wells Fargo

Wells Fargo analyst David Lantz raised the firm’s price target on Valvoline (VVV) to $42 from $40 and keeps an Overweight rating on the shares. The firm believes the stock’s outperformance makes sense considering Q2 upside, higher FY26 guidance and gross margin percentage commentary that should help alleviate some concern. Wells sees a solid entry point at sub-10 times FY27 EBITDA and maintains its constructive stance.

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