UBS Sees Upside for Ulta Beauty as Market Pressure…

From Financial Modeling Prep: 2025-04-02 14:15:00

UBS reaffirmed its Buy rating and $490 price target on Ulta Beauty (NASDAQ:ULTA), noting improved market position and stability. Recent data suggests Ulta’s market share has stabilized post-Sephora rollout at Kohl’s, with potential for sales momentum recovery. Minimal impact from new tariffs expected due to brand diversification. Shares trading at 15x earnings estimates, room for stock appreciation.



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