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Fly News Breaks for August 23, 2017
ULTA
Aug 23, 2017 | 07:10 EDT
Oppenheimer analyst Rupesh Parikh lowered his price target for Ulta Beauty to $250 from $270 ahead of results. The analyst says data points appear consistent with his more downbeat views, and reiterates a Perform rating on the shares.
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.