Ulta Beauty price target raised to $480 from $450 at Loop Capital

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Loop Capital analyst Anthony Chukumba raised the firm’s price target on Ulta Beauty (ULTA) to $480 from $450 and keeps a Buy rating on the shares. The company’s Q3 results were “highly encouraging”, ...

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The company’s Q3 results were “highly encouraging”, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ulta-beauty-price-target-raised-143436173.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ULTA","symbol_name":"Ulta美容","start_time":0,"source_url":"https://finance.yahoo.com/news/ulta-beauty-price-target-raised-143436173.html","article_id":"2490401276","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/asrsbYOszzIID7_74csF1g--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/b7c63f6f59625f83a2acf428ff2bbe4c"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/ulta-beauty-price-target-raised-143436173.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2490401276","pubTimestamp":1733841276,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Loop Capital analyst Anthony Chukumba raised the firm’s price target on Ulta Beauty  to $480 from $450 and keeps a Buy rating on the shares. The company’s Q3 results were “highly encouraging”, including a return to positive comparable sales growth, better-than-expected profit margins, and a sizable earnings beat, the analyst tells investors in a research note. Loop adds that the management also raised its FY24 guidance after lowering its forecasts last quarter, with the “beat and raise” quarter likely indicating that the “worst is behind” the company from a competitive intrusion perspective.Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks. Ulta Beauty’s  Strong Results Prompt a Wave of Analyst Praise. HP Enterprise, Ulta Beauty report quarterly beats: Morning Buzz. Early notable gainers among liquid option names on December 6th. Morning Movers: Lululemon, Ulta jump following","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"ULTA":"Ulta美容"},"translate_title":"Loop Capital将Ulta Beauty目标价从450美元上调至480美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ULTA":0.9},"content_text":"Loop Capital analyst Anthony Chukumba raised the firm’s price target on Ulta Beauty (ULTA) to $480 from $450 and keeps a Buy rating on the shares. The company’s Q3 results were “highly encouraging”, including a return to positive comparable sales growth, better-than-expected profit margins, and a sizable earnings beat, the analyst tells investors in a research note. Loop adds that the management also raised its FY24 guidance after lowering its forecasts last quarter, with the “beat and raise” quarter likely indicating that the “worst is behind” the company from a competitive intrusion perspective.\n\nPick the best stocks and maximize your portfolio:\n\nDiscover top-rated stocks from highly ranked analysts with Analyst Top Stocks!\nEasily identify outperforming stocks and invest smarter with Top Smart Score Stocks\n\n\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee today’s best-performing stocks on TipRanks >>\n\n\nRead More on ULTA:\n\nUlta Beauty’s (ULTA) Strong Results Prompt a Wave of Analyst Praise\nHP Enterprise, Ulta Beauty report quarterly beats: Morning Buzz\nEarly notable gainers among liquid option names on December 6th\nUlta Beauty price target raised to $420 from $385 at BMO Capital\nMorning Movers: Lululemon, Ulta jump following quarterly reports","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490401276"}