Ulta Beauty Inc (NASDAQ:ULTA) saw its shares rise in premarket trading following a strong third-quarter earnings report. Analysts from Piper Sandler, BMO Capital Markets, and Telsey Advisory Group provided insights, with Piper Sandler raising the price target from $540 to $572, BMO Capital Markets maintaining a target of $485, and Telsey Advisory Group setting a target of $600. The company outperformed expectations with earnings of $5.07 per share against a consensus estimate of $4.96, driven by sales growth, gross margin management, and cost control. Despite a challenging consumer environment, Ulta is managing well with strategies such as increased marketing and promotional activities.