DA Davidson Maintains Buy on Ulta Beauty, Lowers Price Target to $495
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker has maintained a 'Buy' rating on Ulta Beauty (NASDAQ:ULTA) but lowered the price target from $540 to $495.
August 25, 2023 | 3:58 pm
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Ulta Beauty's price target has been lowered from $540 to $495 by DA Davidson, though the 'Buy' rating is maintained.
The news is directly about Ulta Beauty and its price target being lowered by DA Davidson. This could potentially impact the stock's performance in the short term, but the maintained 'Buy' rating suggests that the overall outlook remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100