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Valvoline (VVV) Gets a Hold from Citi

Tipranks - Sat Feb 28, 6:44AM CST

In a report released today, Steven Zaccone from Citi maintained a Hold rating on Valvoline, with a price target of $37.00.

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Zaccone covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, AutoZone, and Lowe’s. According to TipRanks, Zaccone has an average return of 3.4% and a 54.63% success rate on recommended stocks.

Valvoline has an analyst consensus of Moderate Buy, with a price target consensus of $40.92.

Based on Valvoline’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $461.8 million and a GAAP net loss of $32.8 million. In comparison, last year the company earned a revenue of $414.3 million and had a net profit of $91.6 million

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VVV in relation to earlier this year. Earlier this month, Julie Marie O’Daniel, the CLO of VVV sold 4,312.00 shares for a total of $166,227.60.

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