Ulta Salon (ULTA) Tops Q2 EPS by 5c, Guides Roughly In-Line

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ULTA Salon (ULTA) PT Lowered to $242 at Wells Fargo; Shifting Narrative Overshadows Fundamental Strength

August 25, 2017 6:39 AM EDT

Wells Fargo lowered its price target on ULTA Salon (NASDAQ: ULTA) to $242.00 (from $290.00) while maintaining a Market Perform rating.

Analyst Ike Boruchow said the Bull/Bear "tug of war" in the stock will continue following results. Boruchow said for the... More

BMO Capital Downgrades ULTA Salon (ULTA) to Market Perform; Clouds on the Horizon

August 25, 2017 6:00 AM EDT

BMO Capital downgraded ULTA Salon (NASDAQ: ULTA) from Outperform to Market Perform with a price target of $235.00 (from $345.00).

Analyst Shannon Coyne sees clouds on the horizon reinforced by the 2Q/17 quarterly print that, in our view, despite the recent contraction in the multiple, skews risk to the downside and causes us to step to the sidelines.

Clouds... More