BMO Capital Maintains Market Perform on Ulta Beauty, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on Ulta Beauty (NASDAQ:ULTA) but lowers the price target from $540 to $500.
May 31, 2024 | 1:44 pm
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BMO Capital has maintained its Market Perform rating on Ulta Beauty but has lowered the price target from $540 to $500.
The lowered price target from $540 to $500 suggests a less optimistic outlook on Ulta Beauty's stock performance, which could lead to a short-term negative impact on the stock price.
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