First Analysis upgraded shares of The Valspar (NYSE: VAL) from an equal weight rating to an overweight rating in a research note issued to investors on Friday.
The Valspar traded down 1.82% on Friday, hitting $62.17. The Valspar has a 52-week low of $45.07 and a 52-week high of $68.42. The stock’s 50-day moving average is currently $65.83. The company has a market cap of $5.563 billion and a price-to-earnings ratio of 20.26.
A number of other firms have also recently commented on VAL. Analysts at Susquehanna cut their price target on shares of The Valspar from $62.00 to $60.00 in a research note to investors on Thursday, February 14th. They now have a neutral rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of The Valspar from $63.00 to $67.00 in a research note to investors on Thursday, February 14th. They now have an equal weight rating on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of The Valspar in a research note to investors on Wednesday, February 13th. They now have a $68.00 price target on the stock, up previously from $64.00.
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