Ulta Beauty (ULTA) Blows Out Expectations Driving PT Increases But Sellside Bears Remain
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ULTA Salon (ULTA) PT Raised to $385 at Oppenheimer
May 28, 2021 9:07 AM EDTOppenheimer analyst Rupesh Parikh raised the price target on ULTA Salon (NASDAQ: ULTA) to $385.00 (from $360.00) while maintaining an Outperform rating.
The analyst commented, "We overall look very favorably upon ULTAs Q1 delivery. Comps increased 65.9% ahead of a Street figure of +40.1% with comps 7%... More
UPDATE: ULTA Salon (ULTA) PT Raised to $360 but BofA Securities Sees Cost Pressures Ahead
May 28, 2021 7:34 AM EDT(Updated - May 28, 2021 8:46 AM EDT)
BofA Securities analyst Lorraine Hutchinson raised the price target on ULTA Salon (NASDAQ: ULTA) to $360.00 (from $335.00) after 1Q EPS of $4.10 beat expectations on stronger sales and gross margins. Stimulus checks, easing of Covid restrictions, increased... More
