Information Provided By: 
Fly News Breaks for July 30, 2018
ULTA
Jul 30, 2018 | 06:53 EDT
Jefferies analyst Stephanie Wissink removed Ulta Beauty from her firm's Franchise Pick List but keeps a Buy rating on the shares with a $285 price target. The analyst is starting to see signs that the "hyper-consumption cycle" in beauty has peaked and the rate of growth is moderating. Wissink, however, remains confident in Ulta's ability to capture market share.
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.
