UPDATE: J.P. Morgan Reiterates On Valspar On F2014 EBITDA And Earnings Estimates

In a report published Wednesday, J.P. Morgan analyst Jeffery Zekauskas reiterated a Neutral rating on Valspar (NYSE: VAL ) but lowered the price target from $71.00 to $70.00. In the report, J.P.Morgan says "We reduced our F2014 EPS estimate for Valspar from $4.25 to $4.10 to reflect a lower level