Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) had its price target decreased by Jefferies Group from $100.00 to $85.00 in a research note released on Friday morning.
Several other analysts have also recently commented on the stock. Analysts at Piper Jaffray reiterated an overweight rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note to investors on Thursday, February 14th. They now have a $123.00 price target on the stock. Separately, analysts at Credit Suisse downgraded shares of Ulta Salon, Cosmetics & Fragrance from an outperform rating to a neutral rating in a research note to investors on Thursday, February 14th. They now have a $110.00 price target on the stock, down previously from $120.00. Finally, analysts at Credit Suisse initiated coverage on shares of Ulta Salon, Cosmetics & Fragrance in a research note to investors on Monday, February 4th. They set an outperform rating and a $120.00 price target on the stock.
Six research analysts have rated the stock with a buy rating, one has issued an overweight rating, and four have issued a hold rating to the company. The company has a consensus rating of overweight and an average price target of $108.89.
Ulta Salon, Cosmetics & Fragrance traded down 5.03% on Friday, hitting $83.54. Ulta Salon, Cosmetics & Fragrance has a 52-week low of $78.87 and a 52-week high of $103.52. The stock’s 50-day moving average is currently $96.88. The company has a market cap of $5.328 billion and a price-to-earnings ratio of 36.54.
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