Valvoline Inc. to Refranchise 38 Company Stores; Welcomes New Franchise Partner Velocity Auto Care

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Valvoline (VVV) PT Lowered to $39 at Citi

November 20, 2024 6:34 AM EST

Citi analyst Steven Zaccone lowered the price target on Valvoline (NYSE: VVV) to $39.00 (from $44.00) while maintaining a Neutral rating.

The analyst comments "VVVs F4Q print was eventful. Investors digested a SSS miss, initial FY25 guidance set below algo, and an announcement to... More