Loop Capital Upgrades Ulta Beauty to Buy, Raises Price Target to $520
Portfolio Pulse from richadhand@benzinga.com
Loop Capital analyst Anthony Chukumba upgrades Ulta Beauty (NASDAQ:ULTA) from Hold to Buy and raises the price target from $490 to $520.
June 13, 2023 | 9:39 am
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Ulta Beauty (NASDAQ:ULTA) has been upgraded from Hold to Buy by Loop Capital, with a raised price target of $520.
The upgrade from Hold to Buy and the raised price target by Loop Capital analyst Anthony Chukumba indicate a positive outlook for Ulta Beauty's stock. This news is likely to have a positive short-term impact on the stock price as investors may see it as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100