Evercore ISI Group Maintains Outperform on Ulta Beauty, Raises Price Target to $635
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has maintained an Outperform rating on Ulta Beauty (NASDAQ:ULTA) and increased the price target from $565 to $635.
March 13, 2024 | 1:44 pm
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Evercore ISI Group has maintained an Outperform rating on Ulta Beauty and raised the price target from $565 to $635.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a strong bullish outlook on Ulta Beauty's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100