JP Morgan Maintains Overweight on Ulta Beauty, Raises Price Target to $472
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Ulta Beauty and raises the price target from $450 to $472.
October 21, 2024 | 12:13 pm
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JP Morgan's analyst Christopher Horvers has maintained an Overweight rating on Ulta Beauty and increased the price target from $450 to $472, indicating a positive outlook on the stock.
The increase in price target from $450 to $472 by JP Morgan suggests a positive outlook for Ulta Beauty, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100