Ulta Beauty (NASDAQ:ULTA) Stock Rating Upgraded by BMO Capital Markets
MarketBeat
BMO Capital Markets has upgraded Ulta Beauty (NASDAQ:ULTA) to a "hold" rating, while the broader analyst consensus remains a "Moderate Buy" with an average price target of $624.57. The company recently reported strong quarterly earnings of $6.55 per share and revenue of $3.04 billion, exceeding analyst expectations with an 8.9% year-over-year revenue increase. Ulta Beauty shares opened at $535.63, reflecting a market capitalization of $22.90 billion, and institutional investors hold a significan
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