Deutsche Bank analyst Krisztina Katai raised the firm’s price target on Ulta Beauty to $607 from $589 and keeps a Buy rating on the shares. ULTA put up Q3 results "that were considerably ahead of expectations in what has been one of the best prints this earnings season," Katai tells investors in a research note. The analyst says the stock remains well positioned to outperform driven by a continued upward estimate revision cycle.
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Published first on TheFly
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