Citigroup Maintains Neutral on Ulta Beauty, Lowers Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kelly Crago maintains a Neutral rating on Ulta Beauty and lowers the price target from $375 to $345.
August 30, 2024 | 6:30 pm
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Citigroup has maintained its Neutral rating on Ulta Beauty but has lowered the price target from $375 to $345, indicating a less optimistic outlook.
The lowering of the price target by Citigroup suggests a less optimistic view on Ulta Beauty's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100