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Fly News Breaks for July 21, 2015
ULTA
Jul 21, 2015 | 07:30 EDT
JPMorgan analyst Christopher Horvers raised his price target for Ulta Salon to $180 after meeting with management and keeps an Overweight rating on the name. The firm sees 15%-plus earnings growth during the company's investment years of 2015-2016. It says Ulta has a "rare combination" of "attractive" industry growth and 12% unit expansion.