Oppenheimer reiterates Buy rating for Ulta Beauty, raises price target ahead of earnings.

From Yahoo Finance: 2025-05-21 14:40:00

Oppenheimer raised Ulta Beauty’s price target from $435 to $465 and maintained a Buy rating ahead of earnings. Wall Street expects earnings of $5.76 per share for the company, which has exceeded estimates in 7 out of the last 8 quarters. The analyst believes Ulta Beauty is well-positioned to meet FY2025 guidance.

Ulta Beauty is a top specialty beauty retailer in the U.S., offering branded and private label beauty products across various channels. The company’s strategic direction under new CEO Kecia Steelman is seen favorably by analysts. While Ulta shows potential for growth, some AI stocks may offer greater returns with less downside risk.



Read more at Yahoo Finance: Oppenheimer Reiterates Buy Rating on Ulta Beauty (ULTA) Ahead of Earnings