Oppenheimer tells investors in a research note that shares of Ulta (ULTA) are down over 2% this morning following Estee Lauder’s (EL) softer report, but thinks investors should take advantage of the weakness in Ulta shares. Oppenheimer, which made no change to its Outperform rating, says Ulta remains a top pick and would continue to take advantage of dips from here.
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