Cleveland Research Downgrades Ulta Beauty to Neutral
Portfolio Pulse from Benzinga Newsdesk
Cleveland Research has downgraded Ulta Beauty from Buy to Neutral, indicating a less optimistic outlook on the company's stock performance.
August 19, 2024 | 1:41 pm
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Cleveland Research has downgraded Ulta Beauty from Buy to Neutral, suggesting a more cautious outlook on the stock's performance.
The downgrade from Buy to Neutral by Cleveland Research indicates a shift in sentiment towards Ulta Beauty, which could lead to a short-term negative impact on the stock price as investors may reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100