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Fly News Breaks for May 11, 2015
SBH
May 11, 2015 | 08:03 EDT
As previously reported, Raymond James upgraded Sally Beauty to Outperform from Market Perform with a $35 price target. The firm's analyst said its sum-of-the-parts valuation of Sally Beauty's retail and distribution segments indicates shares are undervalued and is optimistic on growth initiatives instituted by new CEO Chris Brickman.
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