Morgan Stanley Maintains Equal-Weight on Valvoline, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Valvoline (NYSE:VVV) and lowered the price target from $40 to $38.
August 21, 2023 | 12:54 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Valvoline and lowered the price target from $40 to $38.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Valvoline's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100