Piper Sandler raised the firm’s price target on Ulta Beauty (ULTA) to $437 from $386 and keeps a Neutral rating on the shares. The firm notes the company delivered a solid print and raised guidance that still implies a softer second half of the year given the uncertain macro, and would agree with investors that this feels like a pretty solid place to be in.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ULTA:
- Ulta Beauty price target raised to $450 from $425 at Citi
- Ulta Beauty price target raised to $542 from $510 at Canaccord
- Ulta Beauty price target raised to $350 from $315 at Wells Fargo
- Cautious Outlook for Ulta Beauty Amid Margin Erosion and Economic Uncertainties
- Ulta Beauty Reports Strong Start to Fiscal 2025