Ulta jumps after beat and raise on makeup and skincare demand

Go back to Ulta jumps after beat and raise on makeup and skincare demand

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