Canaccord raised the firm’s price target on Ulta Beauty (ULTA) to $500 from $476 and keeps a Buy rating on the shares. The firm believes the 3Q results showcase management’s ability to quickly adapt and manage what they can control including more effective promos and adding more brands to the assortment.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ULTA: