Why Sally Beauty Holdings Is Running Higher at Midday

Why Sally Beauty Holdings Is Running Higher at Midday

What happened Shares of Sally Beauty Holdings (NYSE: SBH) were racing 12% higher in midday trading Tuesday after two Wall Street analysts upgraded the beauty supplies stock. So what Cowen analyst Oliver Chen and Oppenheimer analyst Rupesh Parikh both upgraded Sally to an outperform rating while also raising their price targets on the stock.