Telsey Advisory Group Reiterates Outperform on Ulta Beauty, Maintains $600 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on Ulta Beauty (NASDAQ: ULTA) and maintained a price target of $600.

November 27, 2023 | 10:22 am
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Telsey Advisory Group maintains an Outperform rating and a $600 price target for Ulta Beauty (ULTA), indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a prominent analyst can instill confidence in investors and potentially lead to a positive short term impact on the stock price. The maintenance of a high price target suggests that the analyst sees continued upside potential for the stock, which could influence investor sentiment and trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100