Ulta Beauty Announces CEO Transition

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B.Riley Upgrades ULTA Beauty (ULTA) to Neutral

January 7, 2025 7:32 AM EST

B.Riley analyst Anna Glaessgen upgraded ULTA Beauty (NASDAQ: ULTA) from Sell to Neutral with a price target of $430.00 (from $330.00).

The analyst comments "We are upgrading shares of ULTA from Sell to Neutral, as we note the erosion of key pillars to our prior thesis, namely skepticism in the positive comp... More

ULTA Beauty (ULTA) PT Raised to $370 at Wells Fargo

January 7, 2025 5:35 AM EST

Wells Fargo analyst Ike Boruchow raised the price target on ULTA Beauty (NASDAQ: ULTA) to $370.00 (from $350.00) while maintaining a Underweight rating.

The analyst comments "Why We Remain UW. With ULTA now having beat plan in multiple quarters, bulls may ask why we remain UW... More

ULTA Beauty (ULTA) PT Raised to $475 at BofA Securities

January 7, 2025 5:24 AM EST

BofA Securities analyst Lorraine Hutchinson raised the price target on ULTA Beauty (NASDAQ: ULTA) to $475.00 (from $460.00) while maintaining a Neutral rating.

The analyst comments "Following a strong holiday season, ULTA now expects 4Q comps up modestly (vs guidance of down low single... More