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Fly News Breaks for March 10, 2017
ULTA
Mar 10, 2017 | 08:43 EDT
After Ulta Beauty reported higher than expected Q4 EPS, BMO Capital analyst Shannon Coyne says that some investors may be disappointed by the company's guidance. However, the analyst thinks that the company is making good investments in its growth. She remains upbeat on the company's outlook and keeps an Outperform rating on the shares. Coyne recommends buying the stock on any weakness.
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.
