Oppenheimer Reiterates Outperform on Ulta Beauty, Maintains $540 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rupesh Parikh has reiterated an Outperform rating on Ulta Beauty (NASDAQ:ULTA) and maintained a price target of $540.
August 25, 2023 | 12:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ulta Beauty's stock may see positive movement as Oppenheimer analyst maintains an Outperform rating and a price target of $540.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. The reiteration of an Outperform rating and a high price target by Oppenheimer suggests strong confidence in Ulta Beauty's performance, which could lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100