Ulta Beauty (ULTA) Tops Q3 EPS by 62c, Updates Guidance

Go back to Ulta Beauty (ULTA) Tops Q3 EPS by 62c, Updates Guidance

ULTA Beauty (ULTA) PT Raised to $640 at Morgan Stanley

December 5, 2025 11:58 AM EST

Morgan Stanley analyst Simeon Gutman raised the price target on ULTA Beauty (NASDAQ: ULTA) to $640.00 (from $600.00) while maintaining a Overweight rating.

The analyst comments "We are raising our PT to $640 (from $600), based on ~20.5x P/E our '27 EPS of ~$31.30... More