Sally Beauty reported good results given negative sentiment, says Sterne Agee Sterne Agee believes that Sally Beauty's Q3 results were good, given the negative sentiment towards the name. The firm continues to believe that the stock's risk/reward is favorable, with the possibility for comps and multiple to rise. The firm keeps a Buy rating on the shares.
Sally Beauty risk/reward remains attractive, says Baird Baird believes the risk/reward for Sally Beauty remains attractive ahead of Q1 earnings. The firm expects an in-line quarter but they remain bullish as the company's internal initiatives drive steady sales and margin improvements. Baird reiterated its Outperform rating and $32 price target on Sally Beauty shares.