Wells Fargo Maintains Underweight on Ulta Beauty, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Underweight rating on Ulta Beauty (NASDAQ:ULTA) and lowers the price target from $400 to $350.
May 26, 2023 | 11:42 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo analyst Ike Boruchow maintains an Underweight rating on Ulta Beauty and lowers the price target from $400 to $350.
The lowered price target from $400 to $350 by Wells Fargo analyst Ike Boruchow indicates a bearish outlook on Ulta Beauty's stock. This negative sentiment may lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100