Baird analyst Mark Altschwager raised the firm’s price target on Ulta Beauty (ULTA) to $700 from $670 and keeps an Outperform rating on the shares. The firm sees an improving backdrop into 2026 as consumer stimulus including lower taxes, wealth effects, and tariff mitigation set the stage for stronger revenue and earnings growth especially after tariffs are cycled in the first half.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ULTA:
- Herbivore announces new partnership with Ulta Beauty
- Tesla, Netflix, Ulta, Oklo, Amex: Trending by Analysts
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Ulta Beauty price target raised to $675 from $615 at Oppenheimer
- Positive Growth Prospects and Market Outperformance Justify Buy Rating for Ulta Beauty