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Fly News Breaks for March 13, 2015
ULTA
Mar 13, 2015 | 08:23 EDT
Cowen raised its price target on Ulta Salon to $170 from $145 citing the company's execution on new products, loyalty program and gifting, and continued gains in supply chain efficiencies and e-commerce. Cowen reiterated its Outperform rating on Ulta Salon shares.
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.
