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Fly News Breaks for November 2, 2018
ULTA
Nov 2, 2018 | 07:19 EDT
Deutsche Bank analyst Mike Baker raised his price target for Ulta Beauty to $263 saying his channel checks, including vendor read throughs, suggest the company had a solid quarter. The analyst believes Ulta will likely update its Q3 performance in front of its analyst day and he keeps a Buy 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.
