Shares of Ulta Beauty Inc (Symbol: ULTA) recently traded at $413.86, surpassing the average 12-month analyst target price of $408.53. Analysts may now either downgrade their valuations or adjust targets higher, depending on the company’s performance.
There are 19 analysts covering Ulta, with target prices ranging from $320.00 to $483.00, and a standard deviation of $47.224. Currently, there are 11 strong buy ratings, 1 buy, and 9 hold ratings, with no sell ratings. The average analyst rating stands at 1.9, where 1 represents a strong buy.
