Oppenheimer Maintains Outperform on Ulta Beauty, Lowers Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rupesh Parikh maintains an Outperform rating on Ulta Beauty (NASDAQ:ULTA) but lowers the price target from $475 to $450.
July 15, 2024 | 12:55 pm
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Oppenheimer's analyst Rupesh Parikh maintains an Outperform rating on Ulta Beauty but lowers the price target from $475 to $450.
The Outperform rating suggests continued confidence in Ulta Beauty's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100