Loop Capital Maintains Hold on Ulta Beauty, Raises Price Target to $540
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba maintains a Hold rating on Ulta Beauty (ULTA) and raises the price target from $530 to $540.
March 15, 2024 | 5:29 pm
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Loop Capital analyst Anthony Chukumba maintains a Hold rating on Ulta Beauty and raises the price target from $530 to $540.
The increase in price target by Loop Capital suggests a positive outlook on Ulta Beauty's stock performance in the short term. Although the rating remains a Hold, the raised target indicates an expectation of some upward movement in ULTA's stock price, likely driven by favorable market conditions or company performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100