Credit Suisse cut shares of Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) from an outperform rating to a neutral rating in a research note issued to investors on Thursday. The firm currently has $110.00 target price on the stock, down from their previous target price of $120.00.
A number of other firms have also recently commented on ULTA. Analysts at Robert W. Baird reiterated an outperform rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note to investors on Monday, January 7th. They now have a $122.00 price target on the stock. Separately, analysts at Piper Jaffray raised their price target on shares of Ulta Salon, Cosmetics & Fragrance to $123.00 in a research note to investors on Friday, November 30th. Finally, analysts at Goldman Sachs raised their price target on shares of Ulta Salon, Cosmetics & Fragrance to $117.00 in a research note to investors on Friday, November 30th.
Six investment analysts have rated the stock with a buy rating, one has given an overweight rating, and four have given a hold rating to the company. The company currently has a consensus rating of overweight and an average price target of $108.89.
Shares of Ulta Salon, Cosmetics & Fragrance traded up 0.18% during mid-day trading on Thursday, hitting $87.96. 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 $96.87. The company has a market cap of $5.609 billion and a P/E ratio of 36.48.
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