Baird analyst Mark Altschwager raised the firm’s price target on Ulta Beauty (ULTA) to $670 from $600 and keeps an Outperform rating on the shares. The firm updated its model following beat and raise Q3 results while noting its confident tone heading into the holidays.
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Read More on ULTA:
- Ulta Beauty price target raised to $647 from $606 at JPMorgan
- Ulta Beauty price target raised to $674 from $653 at Canaccord
- Ulta Beauty price target raised to $615 from $590 at Piper Sandler
- Ulta Beauty price target raised to $647 from $617 at Barclays
- Ulta Beauty: Strong Earnings and Strategic Investments Offset by Margin Concerns, Rating Held at Hold
