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Fly News Breaks for November 17, 2015
SBH
Nov 17, 2015 | 18:26 EDT
Goldman Sachs analyst Taposh Bari upgraded Sally Beauty to Buy from Neutral and raised his price target on shares to $35 from $30 based on an unnoticed "makeover" at Sally Beauty that supports a case for accelerating EPS growth, as well as the beauty retailer's relatively stable position in a mixed broader retail sector, and Sally Beauty's attractive valuation at 14x Goldman's FY16 earnings estimate.
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