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Fly News Breaks for August 1, 2016
ULTA
Aug 1, 2016 | 08:54 EDT
KeyBanc believes that Ulta Beauty's stock can rise further, driven by continued top and bottom-line momentum. The firm keeps an Overweight rating.
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.