Why Valvoline Is Dropping 5.1%: TD Cowen Maintains Buy
Valvoline Inc. (VVV) shares dropped 5.1% after TD Cowen and RBC Capital trimmed their price targets, signaling reduced near-term upside potential. Despite the price target reductions, both firms maintained Buy-equivalent ratings, suggesting long-term confidence. The market's reaction appears outsized compared to the modest target …