- Barclays analyst Adrienne Yih raised the price target on Ulta Beauty Inc (NASDAQ:ULTA) to $469 from $440 and kept an Overweight rating on the shares, implying a 27% upside.
- Ulta Beauty displayed the strength of the beauty category despite a shaky consumer backdrop.
- Related: Ulta Beauty Stock Gains As Q4 Results Surpass Expectations, Guides FY22 Above Consensus, Approves $2B Buyback
- Price Action: ULTA shares are trading lower by 0.3% at $367.39 on the last check Monday.
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Barclays Bumps Up Price Target On This Beauty Company By 6%
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