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Morgan Stanley Raises Price Target on Ulta Salon (ULTA) Following a 4Q Beat

March 11, 2016 2:05 PM EST

Morgan Stanley reiterated an Equalweight rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $200.00 (from $190.00), following the company's 4Q earnings report. ULTA laid out Q1/2016 comp guidance of 9-11% and 8-10% respectively vs. expectations of 7-9% and 6-8%. Clearly... More