Morgan Stanley Starts Valvoline (VVV) at Equalweight

October 18, 2016 9:22 AM EDT
Get Alerts VVV Hot Sheet
Price: $20.03 +1.16%

Rating Summary:
    5 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 30 | New: 24
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Morgan Stanley initiated coverage on Valvoline (NYSE: VVV) with an Equalweight rating and a price target of $26. Analyst Simeon Gutman thinks upside is priced in.

"We believe the stock price appropriately reflects the company's fundamental prospects: we see VVV capable of generating 4-5% top line and 810% bottom line growth."

For an analyst ratings summary and ratings history on Valvoline click here. For more ratings news on Valvoline click here.

Shares of Valvoline closed at $23.11 yesterday.

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