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Fly News Breaks for January 19, 2016
SBH
Jan 19, 2016 | 07:47 EDT
As previously reported, Morgan Stanley downgraded Sally Beauty to Equal Weight from Overweight. Analyst Simeon Gutman said comps of have been disappointing and recommends moving to the sidelines citing lack of catalysts and high leverage. Gutman lowered his price target on Sally Beauty to $30 from $34 on shares.
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