Valvoline price target raised to $44 from $40 at Stephens

Stephens analyst Thomas Wendler raised the firm’s price target on Valvoline (VVV) to $44 from $40 and keeps an Overweight rating on the shares. The firm, whose updated estimates include EBITDA growth turning positive in Q4 followed by growth in FY26, contends that its estimates “may prove conservative based on a strong summer drive season” and gross margin opportunities.