SALLY BEAUTY CO (SBH) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SALLY BEAUTY CO (SBH) from NEUTRAL to UNDERPERFORM on August 06, 2013, with a target price of $26.00.

SALLY BEAUTY HOLDING INC is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through they Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, Spain and Germany.

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