Ultra (ULTA) volatility elevated as shares near record high into Q2 and outlook

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Jefferies Raises Price Target on Ulta Salon (ULTA) to $255 Following 2Q Beat

August 26, 2016 9:55 AM EDT

Jefferies reiterated a Hold rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $255.00 (from $215.00), following the company's 2Q earnings report. ULTA reported another strong quarter with comps +14%, above Street and guidance. ULTA raised its full year guidance to 11-13% comp... More

Cowen Raises Price Target on Ulta Salon (ULTA) to $286 Following 2Q

August 26, 2016 7:21 AM EDT

Cowen reiterated an Outperform rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $286.00 (from $265.00), following the company's 2Q earnings report. ULTA reported EPS of $1.43, 3c ahead of the Street's $1.40 estimate.

Analyst Oliver Chen commented, "ULTA beat 2Q EPS... More