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Fly News Breaks for July 12, 2019
SBH
Jul 12, 2019 | 08:31 EDT
Jefferies analyst Stephanie Wissink upgraded Sally Beauty Holdings to Hold from Underperform while lowering her price target for the shares to $12 from $14. The near-term effects of intensifying competition are fairly reflected in shares at current levels, Wissink tells investors in a research note. The analyst, however, says she lacks "discrete conviction" in Sally Beauty's long-term fundamentals.
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