Ulta Salon (ULTA) Tops Q3 EPS by 3c, Comps Up 16%; Offers Guidance
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ULTA Salon (ULTA) PT Raised to $296 at Cowen Following Latest Beat and Raise
December 2, 2016 8:35 AM ESTCowen analyst Oliver Chen reiterated an Outperform rating and raised his price target on ULTA Salon (NASDAQ: ULTA) to $296.00 (from $286.00) following 'more extraordinary growth'.
Chen commented, "Another beat-and-raise qtr, delivering a +16.7% comp & +90bps of GM expansion on strong traffic & ticket. Stock is... More
Jefferies Raises Price Target on Ulta Salon (ULTA) to $270; Reiterates Hold
December 2, 2016 8:01 AM ESTJefferies reiterated a Hold rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $270.00 (from $255.00), following the company's 3Q earnings report. ULTA reported Comps of 16.7%, compared to the Street estimate of 14.8%, and a 2- year stack of nearly 30%. Both... More
ULTA Salon (ULTA) PT Raised to $290 at Stifel But Remains Sidelined
December 2, 2016 6:37 AM ESTStifel analyst Mark Astrachan bumped his target on ULTA Salon (NASDAQ: ULTA) to $290.00 (from $277.00) following strong results but maintained a Hold rating.
"Overall, we believe the F3Q result indicates Ulta continues to gain meaningful share of beauty retail sales, benefiting from the... More
