Sally Beauty Holdings Reaches Analyst Target Price
June 21, 2018 at 07:47 AM EDT
In recent trading, shares of Sally Beauty Holdings Inc (SBH) have crossed above the average analyst 12-month target price of $16.05, changing hands for $16.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..