From Nasdaq: 2024-05-19 09:45:00

Ulta Beauty stock is down 22% in the past year, but has been a strong long-term performer. Ulta’s unique business model offers a wide range of beauty products across different price points, with a loyalty program driving 95% of sales. The company managed to increase sales and profits despite challenges from inflation. Analysts see a major upside potential for Ulta Beauty, with the stock trading at a low valuation and Wall Street’s average target price predicting a 40% increase. Smart investors may see this as a buying opportunity for long-term growth. Ulta Beauty remains a strong player in the beauty industry with potential for significant gains in the future.



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