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Ulta Beauty price target raised to $680 from $640 at UBS

UBS analyst Michael Lasser raised the firm’s price target on Ulta Beauty (ULTA) to $680 from $640 and keeps a Buy rating on the shares. The firm says it is “hard to poke many holes” in the company’s Q2 results. Ulta improved even more than the broader sector on better execution and more newness, the analyst tells investors in a research note.

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