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Stock impact report

Jefferies Upgrades Ulta Beauty to Buy With a $700 Target: Is the Beauty Cycle Roaring Back? [Yahoo! Finance]

Ulta Beauty, Inc. (ULTA) 
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Company Research Source: Yahoo! Finance
in a broadening beauty cycle with improved brand execution and modest margin expansion ahead. Analyst consensus has turned constructive as spending expectations reset lower, making it easier for Ulta Beauty to exceed investor thresholds while the company guides for 9-11% EPS growth in fiscal 2027 following four straight quarterly earnings beats. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Ulta Beauty NASDAQ:ULTA ) stock just earned a strong endorsement from Jefferies, which upgraded shares to Buy from Hold and raised its price target to $700 from $635. The firm sees a favorable risk/reward setup at current levels, arguing that the stock already reflects investor skepticism and modest margin expansion. For long-term investors watching the beauty sector, the call signals that the cycle may be turning. Ulta Beauty shares are trading at $560.68 as of April 20, well below the new Jefferies target. The stock is down 7% year-to-date, even Show less Read more
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