Ulta Beauty (ULTA) Tops Q2 EPS by 80c; Raises Outlook

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Go back to Ulta Beauty (ULTA) Tops Q2 EPS by 80c; Raises Outlook

ULTA Salon (ULTA) PT Raised to $485 at Jefferies

August 26, 2022 8:46 AM EDT

Jefferies analyst Stephanie Wissink raised the price target on ULTA Salon (NASDAQ: ULTA) to $485.00 (from $475.00) while maintaining a Buy rating following earnings.

The analyst commented, "Q2 results reinforced several core tenants of our thesis: 1) beauty holding up better than other categories; 2) Ulta taking... More

ULTA Salon (ULTA) PT Raised to $503 at Cowen

August 26, 2022 6:49 AM EDT

Cowen analyst Oliver Chen raised the price target on ULTA Salon (NASDAQ: ULTA) to $503.00 (from $480.00) while maintaining an Outperform rating following the strong beat and guidance.

The analyst commented, "2Q22 EPS was better than expected with +14.4% comps. ULTA is executing well in a tough... More