Ulta Beauty (NASDAQ: ULTA) has recently received a number of price target changes and ratings updates:

  • 11/29/2017 – Ulta Beauty was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $247.00 price target on the stock.
  • 11/28/2017 – Ulta Beauty had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $210.00 price target on the stock.
  • 11/27/2017 – Ulta Beauty was given a new $270.00 price target on by analysts at KeyCorp. They now have a “buy” rating on the stock.
  • 11/27/2017 – Ulta Beauty was given a new $300.00 price target on by analysts at Loop Capital. They now have a “buy” rating on the stock.
  • 11/21/2017 – Ulta Beauty had its “hold” rating reaffirmed by analysts at Cleveland Research.
  • 11/2/2017 – Ulta Beauty had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $235.00 price target on the stock.
  • 10/30/2017 – Ulta Beauty was given a new $250.00 price target on by analysts at Royal Bank Of Canada. They now have a “hold” rating on the stock.
  • 10/23/2017 – Ulta Beauty was given a new $265.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 10/20/2017 – Ulta Beauty was given a new $336.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 10/18/2017 – Ulta Beauty was downgraded by analysts at Piper Jaffray Companies from an “overweight” rating to a “neutral” rating. They now have a $210.00 price target on the stock.
  • 10/17/2017 – Ulta Beauty had its price target lowered by analysts at Oppenheimer Holdings Inc. from $250.00 to $210.00. They now have a “hold” rating on the stock.
  • 10/16/2017 – Ulta Beauty was downgraded by analysts at Goldman Sachs Group Inc from a “conviction-buy” rating to a “buy” rating. They now have a $267.00 price target on the stock, down previously from $290.00. They wrote, “Goldman Sachs Conviction List.”Cosmetics accounted for approximately 51 percent of Ulta’s total revenue last year but industry sources are now calling for “lesser innovation” in the space, Fassler commented in a research report. While the beauty industry is also seeing greater innovation in hair-care and skincare, the growth in these two categories won’t be large enough to offset a slowdown in cosmetics. However, this doesn’t imply that investors should be concerned as the company remains a share gainer in the overall beauty space.In fact, investor concerns are either “misguided or premature” as there is no reason to believe Ulta’s core value proposition is under threat, Fassler added (see his track record here). For the time being at least it would be wrong to assume that Amazon.com, Inc. (NASDAQ: AMZN) offers a compelling alternative or that the addition of rival brands to Amazon’s platform is imminent.Bottom line, stabilization in Ulta’s revenue and ability to achieve same-store sales guidance remains a base case scenario. But weaker than prior trends in the overall beauty space implies a reduction in Ulta’s price target is necessary although the stock still boasts an “appealing”
  • 10/12/2017 – Ulta Beauty was downgraded by analysts at Cleveland Research from a “buy” rating to a “neutral” rating. They now have a $314.00 price target on the stock, up previously from $189.50.
  • 10/3/2017 – Ulta Beauty had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $270.00 price target on the stock, down previously from $300.00.
  • 10/1/2017 – Ulta Beauty was given a new $295.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 10/1/2017 – Ulta Beauty had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $260.00 price target on the stock.

Ulta Beauty Inc. (NASDAQ:ULTA) opened at $223.10 on Thursday. The company has a market cap of $12,923.16, a PE ratio of 28.50, a price-to-earnings-growth ratio of 1.30 and a beta of 0.51. Ulta Beauty Inc. has a fifty-two week low of $187.96 and a fifty-two week high of $314.86.

In related news, Director Charles Heilbronn acquired 127,889 shares of the business’s stock in a transaction dated Friday, October 13th. The shares were purchased at an average price of $195.21 per share, for a total transaction of $24,965,211.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.20% of the company’s stock.

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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