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Fly News Breaks for April 15, 2019
ULTA
Apr 15, 2019 | 07:58 EDT
JPMorgan analyst Christopher Horvers raised his price target for Ulta Beauty to $390 from $345 and keeps an Overweight rating on the shares after meeting with management. The analyst says Ulta remains well positioned to continue to gain share "with one of the clearest paths for sustained strong topline performance in our coverage." He continues to see the potential for comp upside in the coming quarters.