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 22, 2023 | 12:04 pm
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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 could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100