Evercore ISI on ULTA Salon (ULTA) Knock-On Impact: 'we see a buying opportunity for COTY'

ULTA Salon (ULTA) PT Lowered to $564 at Deutsche Bank, 'Near-Term Blip or Deeper Woes?'

April 4, 2024 5:27 AM EDT

Deutsche Bank analyst Krisztina Katai lowered the price target on ULTA Salon (NASDAQ: ULTA) to $564.00 (from $636.00) while maintaining a Buy rating.

The analyst comments "Yesterday was a tough day in beauty/discretionary retail on the back of downbeat commentary from ULTA on the U.S. beauty category. Specifically,... More

ULTA Salon (ULTA), beauty sector defended at Raymond James, 'selloff overdone'

April 3, 2024 11:56 AM EDT

(Updated - April 3, 2024 12:02 PM EDT)

Raymond James analyst Olivia Tong lowered the price target on ULTA Salon (NASDAQ: ULTA) to $610.00 (from $630.00) while maintaining a Outperform rating, adding that despite today's losses "share selloff is overdone."

Commenting on the broader weakness... More

Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers

April 3, 2024 11:20 AM EDT

By Savyata Mishra

(Reuters) -Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown in demand across categories in the first quarter and stiff competition, weighing on peers elf Beauty, Coty and Estee Lauder.

The beauty retailer now anticipates its total category to increase at a moderate mid single-digit range after years of strong growth.

"What we've seen so... More

Ulta Beauty (ULTA) stock drops as company sees 'broad-based' slowdown

April 3, 2024 10:39 AM EDT

Shares of Ulta Beauty (NASDAQ: ULTA) tumbled more than 13% Wednesday after the company's appearance at the JPMorgan Retail conference.

The company noted that external data points reflect a slowdown at the start of the year.

"What we're seeing right now as we're 2 months into our fiscal year, we have seen a slowdown in the total category,"... More

Ulta Beauty (ULTA) Falls, Sees Broad-based Slow Down Across Product Categories

April 3, 2024 9:27 AM EDT

(Updated - April 3, 2024 10:14 AM EDT)

Ulta Beauty (NASDAQ: ULTA) Falls with Conf. Ongoing

Ulta Beauty, Inc. (NASDAQ: ULTA) today announced that Dave Kimbell, chief executive officer, and Paula Oyibo, senior vice president of... More

Midday movers: Intel, Ulta Beauty fall; Spotify rises

April 3, 2024 8:54 AM EDT

(Updated - April 3, 2024 11:08 AM EDT)

Investing.com -- Main U.S. indexes gained Wednesday after data on the services sector indicated some softening, improving the outlook for potential Fed rate cuts.

Here are some of the biggest U.S. stock movers today:

Intel (NASDAQ: INTC) stock slid over 7% after it disclosed $7 billion in operating losses for its foundry business through 2023, as it lost out more business to its Asian rivals.

Tesla... More