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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Read More on VVV:
- Valvoline Inc. Earnings Call Highlights Growth Momentum
- Valvoline price target raised to $45 from $43 at Goldman Sachs
- FTC says Valvoline must divest 45 oil change shops to address antitrust concerns
- Valvoline reports Q2 adjusted EPS 41c, consensus 34c
- Valvoline raises FY26 adjusted EPS view to $1.65-$1.75 from $1.60-$1.70
