Citigroup Maintains Neutral on Ulta Beauty, Raises Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kelly Crago maintains a Neutral rating on Ulta Beauty (NASDAQ:ULTA) and raises the price target from $460 to $475.

August 18, 2023 | 11:18 am
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Ulta Beauty and raised the price target from $460 to $475.
The news is directly about Ulta Beauty. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could suggest a slightly positive outlook, but it's not strong enough to change the score from neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100