Raymond James Maintains Strong Buy on Ulta Beauty, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Olivia Tong maintains a Strong Buy rating on Ulta Beauty (ULTA) and raises the price target from $575 to $630.
March 18, 2024 | 2:53 pm
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Raymond James maintains a Strong Buy rating on Ulta Beauty and raises the price target from $575 to $630.
The upgrade in price target by a reputable analyst firm like Raymond James typically signals a strong confidence in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100