By: Benzinga
UPDATE: Sterne Agee Initiates Sally Beauty Holdings at Buy, Positive Impacts Expected Near-Term
In a report published Monday, Sterne Agee initiated coverage on Sally Beauty Holdings (NYSE: SBH ) with a Buy rating and $30.00 price target. Sterne Agee noted, “While we acknowledge that macro pressures are currently impacting top-line results (at the same time margins are peaking and compares get tough), we
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