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Fly News Breaks for October 28, 2015
SBH
Oct 28, 2015 | 07:56 EDT
Cowen said the pullback in Sally Beauty over the past three months has created a compelling entry point. The firm believes the weakness could be attributed to a rotation of the shareholder base rather than fundamentals and thinks earnings and valuation have upside potential. Cowen reiterated its Outperform rating and $32 price target on Sally Beauty shares.
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