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Fly News Breaks for July 14, 2017
ULTA
Jul 14, 2017 | 05:29 EDT
Goldman Sachs analyst Matthew Fassler upgraded Ulta Beauty to Conviction Buy from Neutral while lowering his price target for the shares to $310 from $321. The analyst is positive on the shares following the recent pullback and expects the company's share gains and "sector-leading" same-store-sales growth to continue. He also sees upside to consensus estimates throughout 2017.
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.
