Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers
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ULTA Salon (ULTA) PT Lowered to $564 at Deutsche Bank, 'Near-Term Blip or Deeper Woes?'
April 4, 2024 5:27 AM EDTDeutsche Bank analyst Krisztina Katai lowered the price target on ULTA Salon (NASDAQ: ULTA) to $564.00 (from $636.00) while maintaining a Buy rating.
The analyst comments "Yesterday was a tough day in beauty/discretionary retail on the back of downbeat commentary from ULTA on the U.S. beauty category. Specifically,... More
Evercore ISI on ULTA Salon (ULTA) Knock-On Impact: 'we see a buying opportunity for COTY'
April 3, 2024 1:30 PM EDTEvercore ISI analyst Michael Binetti reiterated an Outperform rating and $630.00 price target on ULTA Salon (NASDAQ: ULTA).
The analyst comments "Beauty stocks are trading off following Ultas statement about a slowdown in the U.S. market, across price points and segments, thats earlier and a bit bigger than thought. Retail sales for... More
