Valvoline price target lowered to $44 from $46 at Wells Fargo

Wells Fargo analyst David Lantz lowered the firm’s price target on Valvoline (VVV) to $44 from $46 and keeps an Overweight rating on the shares. The firm says that while Q4 generally met expectations, the stock underperformance makes sense with FY25 numbers heading lower and the long-term outlook on watch. Wells sees a choppy near-term but remains long-term constructive.