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Fly News Breaks for January 26, 2016
SBH
Jan 26, 2016 | 06:20 EDT
Oppenheimer analyst Rupesh Parikh upgraded Sally Beauty Holdings to Outperform citing the recent pullback in shares and the company's "favorable defensive attributes." Re-accelerating comps could drive double-digit share gains over the next 12-18 months, Parikh tells investors in a research note. He raised his price target for the shares to $30 from $25.
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