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Sally Beauty Holdings Inc (Symbol: SBH) has exceeded the average 12-month target price set by analysts of $12.60, trading at $12.63 per share. This significant movement prompts analysts to reevaluate their target prices, which range from a low of $8.00 to a high of $17.00, with a standard deviation of $3.209.
Currently, in the Zacks coverage universe, there is 1 strong buy rating, 3 hold ratings, and 2 strong sell ratings for SBH. The average analyst rating is 3.22, indicating uncertainty among analysts regarding the stock’s future performance.
This data highlights the differing opinions among analysts and suggests that investors assess whether SBH’s current price indicates a future upward trend or a potential overvaluation.
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