Sally Beauty Holdings, Inc. Announces the Appointment of Erin Nealy Cox to the Board of Directors

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Piper Jaffray Remains Sidelined on Sally Beauty Holdings (SBH) as Concerns Grow

August 5, 2016 9:15 AM EDT

Piper Jaffray maintained a Neutral rating on Sally Beauty Holdings (NYSE: SBH), and cut the price target to $28.00 (from $30.00), following the company's 3Q earnings report. Recent pullbacks in SBH shares would historically have been viewed as a favorable buying opportunity. However, concerns are being validated by near-term fundamentals that the business is getting... More