DA Davidson Maintains Buy on Ulta Beauty, Maintains $595 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker has maintained a Buy rating on Ulta Beauty (NASDAQ: ULTA) and has also maintained a price target of $595.
March 15, 2024 | 10:22 am
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DA Davidson analyst Michael Baker maintains a Buy rating on Ulta Beauty with a $595 price target.
The reaffirmation of a Buy rating and a high price target by a reputable analyst like Michael Baker suggests a strong confidence in Ulta Beauty's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in ULTA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100