Raymond James upgraded Sally Beauty (SBH) to Outperform from Market Perform with a $19 price target The firm named Sally Beauty its top Smid-cap value pick for 2026 in the beauty, personal care and household products group. It expects the company to post “faster and more consistent” growth as store improvements roll out this year. Sally Beauty has implemented a “more regimented and intentional approach” to enhance stores and consumer experience, contends Raymond James.
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