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Fly News Breaks for December 19, 2016
ULTA, SIG, TIF, ROST, TJX, BURL
Dec 19, 2016 | 07:33 EDT
Wells Fargo identifies Burlington Stores (BURL), TJX (TJX), Ross Stores (ROST), Tiffany (TIF), Signet Jewelers (SIG), Ulta Beauty (ULTA) and Foot Locker (FL) as the retailers that are best positioned to benefit from upcoming federal policy changes.
News For BURL;TJX;ROST;TIF;SIG;ULTA From the Last 2 Days
ULTA
Apr 24, 2024 | 06:44 EDT
Wells Fargo lowered the firm's price target on Ulta Beauty to $350 from $450 and keeps an Underweight rating on the shares. The category is slowing faster than anticipated as the competitive backdrop has become more challenging, the firm says. Margins will likely continue to erode as the need to invest accelerates, Wells adds.