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Fly News Breaks for December 6, 2019
ULTA
Dec 6, 2019 | 07:48 EDT
JPMorgan analyst Christopher Horvers raised his price target for Ulta Beauty to $326 from $317 citing the company's "much better than expected" Q3 earnings report and maintained Q4 outlook. The analyst believes hurdles are being cleared the stock to re-rate higher. He keeps an Overweight 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.
