Information Provided By: 
Fly News Breaks for September 7, 2018
ULTA
Sep 7, 2018 | 07:16 EDT
UBS analyst Michael Goldsmith raised his price target on Ulta Beauty to $315 from $285 as he believes the company will benefit in a number of ways by carrying Kylie Cosmetics and Kiehl's. The analyst said despite the new top-line drivers, consensus estimates for same-store sales have not moved up. As a result, he sees more upside as the contributions from these new products are realized. Goldsmith reiterated his Buy rating on Ulta Beauty 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.
