Downgrades Overweight Eq-Weight X

VVV Valvoline

Morgan Stanley

$42 $38

Initiated Hold X

VVV Valvoline

Stifel

$42

Initiated Overweight X

VVV Valvoline

Stephens

$49

Initiated Outperform X

VVV Valvoline

Robert W. Baird

$48

Initiated Overweight X

VVV Valvoline

Piper Sandler

$49

Initiated Buy X

VVV Valvoline

Mizuho

$50

Upgrades Eq-Weight Overweight X

VVV Valvoline

Morgan Stanley

$37 $44

Resumed Neutral X

VVV Valvoline

Goldman

$37

Initiated Overweight X

VVV Valvoline

Wells Fargo

$42

Initiated Overweight X

VVV Valvoline

Stephens

$43

Resumed Equal-Weight X

VVV Valvoline

Morgan Stanley

$40

Downgrades Buy Neutral X

VVV Valvoline

Seaport Research Partners

Downgrades Overweight Neutral X

VVV Valvoline

JP Morgan

$41 $39

Downgrades Buy Neutral X

VVV Valvoline

Citigroup

$37

Initiated Outperform X

VVV Valvoline

RBC Capital Mkts

$39

Upgrades Neutral Overweight X

VVV Valvoline

JP Morgan

$30 $36

Downgrades Overweight Neutral X

VVV Valvoline

JP Morgan

$39 $30

Reiterated Buy X

VVV Valvoline

Monness Crespi & Hardt

$36 $40

Upgrades Neutral Buy X

VVV Valvoline

Seaport Global Securities

$45

Upgrades Hold Buy X

VVV Valvoline

Jefferies

$25 $40

Reiterated Buy X

VVV Valvoline

Monness Crespi & Hardt

$26 $30

Downgrades Buy Neutral X

VVV Valvoline

Seaport Global Securities

Reiterated Buy X

VVV Valvoline

Monness Crespi & Hardt

$26 $24

Initiated Neutral X

VVV Valvoline

Buckingham Research

$20

Downgrades Buy Underperform X

VVV Valvoline

BofA/Merrill

$24 $20

Downgrades Neutral Underweight X

VVV Valvoline

JP Morgan

Reiterated Buy X

VVV Valvoline

Monness Crespi & Hardt

$28 $26

Upgrades Underweight Neutral X

VVV Valvoline

JP Morgan

Downgrades Buy Neutral X

VVV Valvoline

Longbow

Downgrades Neutral Underweight X

VVV Valvoline

JP Morgan

VVV  Valvoline Inc.

Valvoline Inc. (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers. Its Quick Lubes segment services the passenger car and light truck quick lube market through platforms, including its franchised Valvoline Instant Oil Change (VIOC) stores and Express Care. Its International segment sells Valvoline and other branded products through its affiliates, joint ventures, licensees and independent distributors. Its products include All Climate, DuraBlend and MaxLife.