BMO Capital Maintains Market Perform on Ulta Beauty, Lowers Price Target to $385
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Ulta Beauty but has lowered the price target from $500 to $385.
August 30, 2024 | 2:40 pm
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BMO Capital has maintained a Market Perform rating on Ulta Beauty but has lowered the price target from $500 to $385.
The lowering of the price target from $500 to $385 by BMO Capital suggests a less optimistic outlook on Ulta Beauty's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100