ULTA Salon (ULTA) PT Raised to $485 at Raymond James
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Ulta Beauty (ULTA) Shares Gain on Beat-and-Raise, Analysts Still Sees More Upside Than Downside
December 3, 2021 9:40 AM ESTShares of Ulta Beauty (NASDAQ: ULTA) are up about 2.5% today after the company delivered better-than-expected Q3 results.
Ulta reported EPS at $3.94, beating the consensus estimate of $2.42. Revenue grew 28.6% year-over-year to $2 billion, compared to the consensus estimate of $1.86 billion. Comp sales soared 25.8%.
As a result, ULTA raised its FY21 outlook to EPS of $16.70 to $17.10, much higher than the consensus of $15.19. Full-year revenue is expected between $8.5... More
ULTA Salon (ULTA) PT Raised to $400 at Jefferies
December 3, 2021 7:36 AM ESTJefferies analyst Stephanie Wissink raised the price target on ULTA Salon (NASDAQ: ULTA) to $400.00 (from $390.00) while maintaining a Hold rating.
The analyst commented, "We up our estimates and PT, reflecting the simple FY24 assumption of $20 in underlying EPS (core + buyback) at 20x... More
ULTA Salon (ULTA) PT Raised to $365 at BMO Capital
December 3, 2021 7:32 AM ESTBMO Capital analyst Simeon Siegel raised the price target on ULTA Salon (NASDAQ: ULTA) to $365.00 (from $345.00) while maintaining a Market Perform rating.
The analyst commented, "ULTA posted another strong top- and bottom-line beat and raised FY21 guidance to a level that we expect... More
