Separately, Gabelli initiated coverage on shares of Valvoline in a research note on Wednesday, September 21st. They issued a buy rating and a $29.00 price target on the stock.
Shares of Valvoline (NYSE:VVV) opened at 23.85 on Monday. The stock’s 50 day moving average price is $23.65 and its 200-day moving average price is $23.65. Valvoline has a 12 month low of $23.07 and a 12 month high of $24.51.
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