Goldman Sachs Maintains Neutral on Ulta Beauty, Lowers Price Target to $412
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Ulta Beauty (NASDAQ:ULTA) but lowers the price target from $475 to $412.
August 12, 2024 | 3:59 pm
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Goldman Sachs analyst Kate McShane maintains a Neutral rating on Ulta Beauty but lowers the price target from $475 to $412.
The lowered price target from $475 to $412 by Goldman Sachs suggests a less optimistic outlook for Ulta Beauty's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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