Evercore ISI Reiterates Outperform Rating on ULTA Beauty (ULTA)

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DA Davidson Reiterates Buy Rating on ULTA Beauty (ULTA)

October 16, 2024 9:39 AM EDT

DA Davidson analyst Michael Baker reiterated a Buy rating and $435.00 price target on ULTA Beauty (NASDAQ: ULTA).

The analyst comments "ULTA kicked off their analyst day this morning by revealing new, long-term financial targets starting in 2026, which includes net sales growth of 4%-6%, mid-single-digit... More

Citi Reiterates Neutral Rating on ULTA Beauty (ULTA)

October 16, 2024 9:38 AM EDT

Citi analyst Susan Anderson reiterated a Neutral rating and $345.00 price target on ULTA Beauty (NASDAQ: ULTA).

The analyst comments "In conjunction with ULTAs investor day, the company announced new long-term financial targets of 4-6% annual sales growth and a 12.0% EBIT margin... More

Ulta (ULTA): 3 key investment issues ahead of investor day according to Morgan Stanley

October 13, 2024 4:00 AM EDT

Ulta (NASDAQ: ULTA) is set to host its 2024 Investor Day on October 16, when its executive team will discuss strategies and long-term expectations. According to Morgan Stanley, there are three key investment issues they are focussed on ahead of the event even as risk/reward skews positive.

Firstly, the analysts pointed to a mixed margin outlook, saying they expect Ulta to provide a medium-term EBIT margin outlook, even as they forecast a three-year range of 12-14%. The middle of this range puts it roughly in line with the companys pre-COVID long-term outlook... More

Piper Sandler Reiterates Neutral Rating on ULTA Beauty (ULTA)

October 11, 2024 7:28 AM EDT

Piper Sandler analyst Korinne Wolfmeyer reiterated a Neutral rating and $365.00 price target on ULTA Beauty (NASDAQ: ULTA).

The analyst commented, "Ahead of ULTA's investor day next week, we suggest investors remain on the sidelines, with recent valuation contraction limiting further degradation but... More