TD Cowen analyst Oliver Chen raised the firm’s price target on Ulta Beauty (ULTA) to $600 from $550 and keeps a Hold rating on the shares. The firm said they were encouraged by thebetter than expected comps but key strategies to sustain momentum including global exposure, wellness expansion, and 3Q marketplace launch.
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Read More on ULTA:
- Ulta Beauty price target raised to $625 from $585 at DA Davidson
- Ulta Beauty price target raised to $600 from $575 at Baird
- Ulta Beauty price target raised to $605 from $580 at Raymond James
- Ulta Beauty price target raised to $680 from $640 at UBS
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