Famous herder gutted buffalo! Look! (2,4)
I believe the answer is:
bo peep
'famous herder' is the definition.
The definition suggests a singular noun which matches the answer.
'gutted buffalo look' is the wordplay.
'gutted' means to remove the middle letters (to gut something is to remove its insides).
'look' becomes 'peep' (peep can mean to look at something).
'buffalo' with its centre removed is 'bo'.
'bo'+'peep'='BO-PEEP'
Can you help me to learn more?
(Other definitions for bo peep that I've seen before include "little character tending sheep" , "Nursery rhyme shepherdess" .)