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Fly News Breaks for March 13, 2015
ULTA
Mar 13, 2015 | 07:43 EDT
After Ulta Salon reported stronger than expected results, Oppenhimer says it looks "quite favorably" upon the results. The firm thinks that the company remains well-positioned to continue to outperform. It raised its price target on the name to $175 from $160 and reiterates an Outperform rating.
News For 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.
