Deutsche Bank Maintains Buy on Ulta Beauty, Lowers Price Target to $424
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has maintained its Buy rating on Ulta Beauty but slightly lowered the price target from $426 to $424.
October 09, 2024 | 5:39 pm
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NEUTRAL IMPACT
Deutsche Bank continues to recommend buying Ulta Beauty stock, though it has slightly reduced its price target from $426 to $424.
The Buy rating suggests confidence in Ulta Beauty's performance, but the slight reduction in price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100