Morgan Stanley Maintains Underweight on Sally Beauty Holdings, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Underweight rating on Sally Beauty Holdings (NYSE:SBH) and lowers the price target from $11 to $10.
August 22, 2023 | 12:04 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Sally Beauty Holdings and lowered the price target from $11 to $10.
The lowered price target by Morgan Stanley indicates a bearish outlook for Sally Beauty Holdings. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100