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Sally Beauty Holdings, Inc. (SBH) [hlAlert]

Rating:
Outperform
SBH
down 6.57 %

Sally Beauty Holdings, Inc. (SBH) upgraded to Outperform by Wells Fargo

Posted on: Wednesday,  Jan 29, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Sally Beauty Holdings, Inc. (NYSE: SBH) on 01/29/2014, when the stock price was $28.14.
Since then, Sally Beauty Holdings, Inc. has lost 6.57% as of 01/26/2016's recent price of $26.29.
If you would have followed this Wells Fargo's recommendation on SBH, you would have lost 6.57% of your investment in 727 days.

Sally Beauty Holdings, Inc. (Sally Beauty) is a distributor of professional beauty supplies in the United States. The Company operates through two business units: Sally Beauty Supply and Beauty Systems Group (BSG). Through Sally Beauty Supply and BSG (which operates stores under the CosmoProf service mark), the Company operated a multi-channel platform of 3,727 stores and supplied 187 franchised stores primarily in North America, South America and selected European countries, as of September 30, 2009. Within BSG, the Company also has the networks of professional distributor sales consultants in North America, with approximately 1,022 professional distributor sales consultants who sell directly to salons and salon professionals. On September 4, 2009, the Company acquired Distribuidora Intersalon Limitada. On September 18, 2009, the Company acquired Belleza Concept International, Inc. On September 30, 2009, the Company acquired Schoeneman Beauty Supply, Inc.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 8:25 AM Buy
None
28.14
as of 10/17/2014
1 Week up  2.63 %
1 Month up  1.28 %
3 Months up  17.77 %
1 YTD up  1.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2013 8:25 AM Hold
None
26.00

(*) Stock Price at the time of the recommendation.
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