Sally Beauty (NYSE:SBH) was upgraded by Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued to clients and investors on Wednesday, Benzinga reports.

Other analysts have also recently issued research reports about the stock. Oppenheimer reduced their price objective on shares of Sally Beauty from $19.00 to $16.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 3rd. Bank of America lowered their target price on shares of Sally Beauty from $12.00 to $11.00 and set an “underperform” rating on the stock in a report on Monday,