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Fly News Breaks for May 26, 2015
ULTA
May 26, 2015 | 08:06 EDT
Baird believes the Ulta Salon premium valuation will be supported by continued steady execution and solid industry trends that will continue to drive upside to the shares. Baird reiterated its Outperform rating and $175 price target 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.
