Baird Maintains Outperform on Ulta Beauty, Raises Price Target to $560
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager has maintained an Outperform rating on Ulta Beauty (NASDAQ: ULTA) and increased the price target from $550 to $560.
December 01, 2023 | 6:50 pm
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Baird analyst Mark Altschwager maintains an Outperform rating on Ulta Beauty and raises the price target from $550 to $560.
The increase in price target by Baird reflects a positive outlook on Ulta Beauty's stock, suggesting that the analyst sees potential for the stock to rise. This could lead to increased investor confidence and a potential short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100