Evercore ISI raised the firm’s price target on Ulta Beauty (ULTA) to $725 from $660 and keeps an Outperform rating on the shares. The outlook for Q4 and Q1 is “promising,” driven by positive beauty category dynamics and successful product innovations, the analyst tells investors in a preview. Margins are improving and EPS estimates for Q4 have been raised to $8.27, above Street expectations, adds the analyst, who sees the company leveraging investments positively in 2026.
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 $799 from $674 at Canaccord
- Ulta Beauty (ULTA) Q4 Earnings Cheat Sheet
- Ulta Beauty price target raised to $715 from $640 at Telsey Advisory
- Ulta Beauty: Buy Rating Reaffirmed on Strong Near-Term Outperformance, Achievable 2026 Targets, and Attractive Valuation Upside
- Ulta Beauty price target raised to $712 from $680 at Barclays