Telsey Advisory Group Maintains Outperform on Ulta Beauty, Lowers Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating for Ulta Beauty but has lowered its price target from $500 to $450.
August 30, 2024 | 6:41 pm
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Telsey Advisory Group has maintained an 'Outperform' rating for Ulta Beauty but has lowered its price target from $500 to $450.
The 'Outperform' rating suggests continued confidence in Ulta Beauty's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100