Information Provided By:
Fly News Breaks for June 24, 2016
ULTA
Jun 24, 2016 | 07:31 EDT
Piper Jaffray analyst Stephanie Wissink raised her estimates and price target for Ulta Beauty following vendor checks that point to broad based strength and ongoing share capture by the company. Wissink increased her price target on Ulta shares to $250 from $235 and keeps an Overweight rating on the stock.
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.