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Fly News Breaks for March 11, 2016
ULTA
Mar 11, 2016 | 06:18 EDT
JPMorgan analyst Christopher Horvers raised his price target for Ulta Beauty to $231 saying the company's Q4 results handily beat expectations "across the board." The company can double-to-triple its current market share, Horvers tells investors in a research note. He keeps an Overweight rating on the 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.
