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Fly News Breaks for April 13, 2016
ULTA
Apr 13, 2016 | 06:35 EDT
Piper Jaffray analyst Stephanie Wissink raised her price target for Ulta Beauty to $220 saying her firm's two recent surveys, of 1,050 women and most recently 6,500 teens, indicate the beauty category continues to gain wallet share. Growth is primarily driven by spending in cosmetics, Wissink tells investors in a research note. She keeps an Overweight rating on Ulta shares.
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