Information Provided By: 
Fly News Breaks for November 9, 2018
ULTA
Nov 9, 2018 | 07:27 EDT
Wells Fargo analyst Ike Boruchow raised his price target for Ulta Beauty to $336 and reiterates an Outperform rating on the shares, but no longer considers the company a top pick with the stock up 60% from the 2018 lows. Ulta is now more of a "grind higher" story from here, Boruchow tells investors in a research note. He keeps an Outperform rating on Ulta Beauty.
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.
