Baird raised the firm’s price target on Ulta Beauty (ULTA) to $480 from $440 and keeps an Outperform rating on the shares. The firm said sales/earnings beat consensus, and management flowed through upside to the full-year guide, an encouraging proof-point of management’s efforts to correct recent operational misses.
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Read More on ULTA:
- Ulta Beauty price target raised to $450 from $390 at Citi
- Ulta Beauty price target raised to $500 from $476 at Canaccord
- Ulta Beauty price target raised to $410 from $335 at Barclays
- Ulta Beauty price target raised to $480 from $472 at JPMorgan
- Ulta Beauty Reports Modest Growth Amid Expansion
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
