Ulta Beauty (ULTA) Tops Q1 EPS by 6c, Comps Slow to +9.3%

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Go back to Ulta Beauty (ULTA) Tops Q1 EPS by 6c, Comps Slow to +9.3%

ULTA Salon (ULTA) PT Lowered to $600 at Raymond James

May 26, 2023 7:37 AM EDT

Raymond James analyst Olivia Tong lowered the price target on ULTA Salon (NASDAQ: ULTA) to $600.00 (from $615.00) while maintaining a Strong Buy rating.

The analyst commented, "ULTA reported F1Q results after yesterdays close, with EPS of $6.88 beating RJe/consensus $6.80. Comps +9% y/y and sales... More