Reported 3 days ago
Telsey Advisory has raised its price target for Ulta Beauty, Inc. (NASDAQ:ULTA) from $590 to $610, maintaining an 'Outperform' rating, following a strong Q2 2025 performance with a 6.7% growth in comparable sales and a 9.3% increase in net sales to $2.8 billion. The firm's belief in Ulta's competitive advantages such as its store portfolio and brand partnerships supports this outlook, while the company anticipates net sales of $12.0 billion to $12.1 billion for FY 2025.
Source: YAHOO