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Fly News Breaks for August 20, 2018
ULTA
Aug 20, 2018 | 07:46 EDT
Wells Fargo analyst Ike Boruchow lowered his price target for Ulta Beauty to $278 from $297 as he believes Q2 performance may not have been as robust as originally expected, as his checks indicate a continuation of soft beauty trends and slowdown in traffic to end the quarter. The analyst reiterates an Outperform rating on the shares.
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