Deutsche Bank Maintains Buy on Ulta Beauty, Lowers Price Target to $448
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has maintained its Buy rating on Ulta Beauty but has lowered the price target from $552 to $448.
August 28, 2024 | 9:37 am
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Deutsche Bank has maintained its Buy rating on Ulta Beauty but has lowered the price target from $552 to $448, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Ulta Beauty's performance, but the lowered price target indicates a more cautious outlook on its future stock price. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100