Ulta Beauty Announces Third Quarter Fiscal 2024 Results

ULTA Beauty (ULTA) PT Raised to $480 at Loop Capital

December 9, 2024 7:32 AM EST

Loop Capital analyst Anthony Chukumba raised the price target on ULTA Beauty (NASDAQ: ULTA) to $480.00 (from $450.00) while maintaining a Buy rating.

The analyst comments "Ulta Beautys F3Q 2024 results were highly encouraging in our view, including a return to positive comparable sales growth,... More

ULTA Beauty (ULTA) PT Raised to $455 at Stifel

December 6, 2024 6:56 AM EST

Stifel analyst Mark Astrachan raised the price target on ULTA Beauty (NASDAQ: ULTA) to $455.00 (from $395.00) while maintaining a Hold rating.

The analyst comments "We continue to see more upside than downside for ULTA shares following better-than-expected F3Q24 results with comp... More

ULTA Beauty (ULTA) PT Raised to $459 at Deutsche Bank

December 6, 2024 6:51 AM EST

Deutsche Bank analyst Krisztina Katai raised the price target on ULTA Beauty (NASDAQ: ULTA) to $459.00 (from $446.00) while maintaining a Buy rating.

The analyst comments "There was a considerable level of uncertainty regarding ULTA's 3Q print, which the company easily laid to rest with its positive SSS inflection and profitability upside.... More

Edgewater Out Positive on Ulta Beauty (ULTA), 'Q4 QTD Trends Encouraging'

December 6, 2024 6:33 AM EST

Edgewater Out Positive on Ulta Beauty (NASDAQ: ULTA)

"Sequential Improvement in Business Drives EPS Upside, Q4 QTD Trends Encouraging, With Some Reservation as the Operating Environment Remains 'Dynamic'"... More

ULTA Beauty (ULTA) PT Raised to $396 at Goldman Sachs

December 6, 2024 6:25 AM EST

Goldman Sachs analyst Kate McShane raised the price target on ULTA Beauty (NASDAQ: ULTA) to $396.00 (from $373.00) while maintaining a Neutral rating.

The analyst comments "Following ULTA's 3Q earnings beat and raised FY24 guidance, along with improved commentary around prestige market share, the... More

ULTA Beauty (ULTA) PT Raised to $510 at DA Davidson

December 6, 2024 6:24 AM EST

DA Davidson analyst Michael Baker raised the price target on ULTA Beauty (NASDAQ: ULTA) to $510.00 (from $435.00) while maintaining a Buy rating.

The analyst comments "ULTA reported a beat across the board, driven by strength in fragrance and skincare. The implied fourth... More

ULTA Beauty (ULTA) PT Raised to $495 at Raymond James

December 6, 2024 6:04 AM EST

Raymond James analyst Olivia Tong raised the price target on ULTA Beauty (NASDAQ: ULTA) to $495.00 (from $430.00) while maintaining a Outperform rating.

The analyst comments "ULTA raised its FY outlook after reporting a better than expected F3Q, with comps inflecting... More

ULTA Beauty (ULTA) PT Raised to $450 at Citi

December 6, 2024 5:03 AM EST

Citi analyst Susan Anderson raised the price target on ULTA Beauty (NASDAQ: ULTA) to $450.00 (from $390.00) while maintaining a Neutral rating.

The analyst comments "3Q EPS $5.14 beat cons $4.51 driven by stronger comps/GM/lower SG&A. The 3Q comp inflection came sooner than market... More