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Fly News Breaks for January 27, 2016
SBH
Jan 27, 2016 | 07:50 EDT
Cowen recommended buying Sally Beauty ahead of its Q4 results. The firm cited the stock's current valuation and expectations for solid comps, adding that its sub-sector of specialty beauty is somewhat insulated from the macro pressures felt by the retail sector. Cowen reiterated its Outperform rating and $32 price target on Sally Beauty shares.
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