Telsey Advisory Group Maintains Outperform on Ulta Beauty, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group maintains an Outperform rating on Ulta Beauty but lowers the price target from $600 to $500.
May 24, 2024 | 11:20 am
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NEUTRAL IMPACT
Telsey Advisory Group maintains an Outperform rating on Ulta Beauty but lowers the price target from $600 to $500.
The Outperform rating suggests continued confidence in Ulta Beauty's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100