Stifel Maintains Hold on Ulta Beauty, Lowers Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Hold rating on Ulta Beauty (NASDAQ:ULTA) and lowers the price target from $525 to $475.

May 26, 2023 | 11:31 am
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NEUTRAL IMPACT
Stifel analyst Mark Astrachan maintains a Hold rating on Ulta Beauty and lowers the price target from $525 to $475.
The news of Stifel maintaining a Hold rating on Ulta Beauty and lowering the price target from $525 to $475 may not have a significant short-term impact on the stock price. However, it could influence investor sentiment and potentially affect the stock's performance in the medium term. The relevance is high as the news directly pertains to Ulta Beauty, and the importance is significant as it involves a change in the price target by a well-known analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100