Ulta Beauty downgraded, Palo Alto upgraded: Wall Street’s

Nov 21, 2024 · Ulta Beauty downgraded, Palo Alto upgraded: Wall Street’s top analyst calls November 21, 2024 — 09:52 am EST Written by TheFly for TipRanks ->

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Ulta Upgraded, Skyworks Downgraded: Wall Street's Top Analyst Calls

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Apr 8, 2024 · Loop Capital upgraded Ulta Beauty to Buy from Hold with an unchanged price target of $540, implying 21% upside from current levels. The firm believes last week's selloff was …

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Ulta Beauty Downgraded, Palo Alto Upgraded: Wall Street’s

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Nov 21, 2024 · Top 5 Upgrades: Rosenblatt upgraded Palo Alto Networks to Buy from Neutral with a price target of $430, up from $390, driven by the “strong” Q1 performance and the …

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Ulta Beauty Downgraded As TD Cowen Cites Medium-term …

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Sep 23, 2024 · Ulta Beauty's (ULTA) stock, which closed at $402.01 on Friday, has reached TD Cowen's price target of $395, and the analyst firm sees a lack of catalysts and upside to …

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Ulta Beauty Downgraded, Palo Alto Upgraded: Wall Street's Top …

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Nov 21, 2024 · Rosenblatt upgraded Palo Alto Networks to Buy from Neutral with a price target of $430, up from $390, driven by the "strong" Q1 performance and the evident success of its …

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Ulta Beauty Price Target Raised To $390 From $345 At Citi - Yahoo …

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Nov 30, 2024 · Citi analyst Kelly Crago raised the firm’s price target on Ulta Beauty (ULTA) to $390 from $345 and keeps a Neutral rating on the shares. ... Ulta Beauty downgraded, Palo …

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Ulta Beauty Stock Has Little Upside, According To 1 Wall Street …

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Apr 22, 2024 · In March, Ulta Beauty reported just a 2.5% uptick in comparable-store sales to close out 2023 while projecting 4% to 5% gains in fiscal 2024 (compared to 6% gains last year).

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Ulta Beauty Stock Slumps On Downgrade. Why This Analyst Has

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Nov 21, 2024 · Ulta Beauty stock fell after an analyst downgraded it, citing challenges with the company’s shift to online commerce. Shares tumbled 2.6% to $334.33 Thursday, marking a …

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This Ulta Beauty Analyst Is No Longer Bullish; Here Are Top 5 ...

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Nov 21, 2024 · Ulta Beauty shares closed at $343.26 on Wednesday. See how other analysts view this stock . B of A Securities analyst Ronald Epstein downgraded RBC Bearings …

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Ulta Beauty Shares Dip Amid Analyst Downgrades And Lowered …

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Jul 24, 2024 · Piper Sandler downgraded Ulta Beauty to Neutral and reduced the price target to $404. Ulta Beauty shares dropped 5.46%, trading at $368.05, in response to the analyst …

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Ulta Downgraded At Barclays As Beauty Landscape Gets Ugly

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Apr 29, 2024 · Barclays is moving to the sidelines and lowering its price target by 29% to $434 even though it views Ulta’s business model in the secularly growing beauty segment as one of …

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Why Ulta Beauty Stock Is Still A Buy After Earnings

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Aug 30, 2024 · Analysts were forecasting revenue of $11.5 billion and earnings of $25.23 per share for Ulta in 2024. Is Ulta stock a buy, sell or hold? It's been a rough year on the price …

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FAQs about Ulta Beauty downgraded, Palo Alto upgraded: Wall Street’s Coupon?

Why was Ulta Beauty stock down Monday?

Ulta Beauty stock was down Monday after an analyst from Goldman Sachs raised concerns over the cosmetic retailer’s ability to grow further amid competition and potentially weaker consumer sentiment. ...

Why was Ulta downgraded to neutral?

The downgraded rating to Neutral reflects concerns about increased competition, particularly from Sephora’s expansion into Kohl’s stores, and Amazon’s growing presence in the beauty sector. Additionally, there’s a notable cooling off in Ulta’s loyalty program growth and customer engagement. ...

Why was Ulta Beauty's recent stock rally 'not as bad as expected'?

Ulta Beauty's recent stock rally is a temporary sentiment shift, driven by results that were 'Not As Bad As Expected', but structural challenges persist. Ulta faces market share losses from online, direct-to-consumer, and brick-and-mortar competitors like Sephora, leading to stagnating revenues and declining profitability. ...

Why did Korinne Wolfmeyer downgrade Ulta Beauty?

Korinne Wolfmeyer’s rating is based on a detailed evaluation of Ulta Beauty’s market position and future prospects. The downgraded rating to Neutral reflects concerns about increased competition, particularly from Sephora’s expansion into Kohl’s stores, and Amazon’s growing presence in the beauty sector. ...

Is Ulta Beauty a good stock to buy?

Profitability wasn't great either, with operating margins of 12.6% marking the lowest level since 2019 (outside of COVID). This is down 30 bps sequentially and 50 bps year-over-year. Created by author using data from Ulta Beauty financial reports. Overall, the graph above tells quite the story about Ulta's stock drivers essentially plummeting. ...

Are Ulta Beauty shares underperforming?

Written by Demitri Kalogeropoulos for The Motley Fool -> Ulta Beauty (NASDAQ: ULTA) shares have been underperforming the market lately, leaving shareholders worried about its future returns. That's understandable. The spa and beauty products retailer posted higher earnings in its most recent quarter, yet sales trends were disappointingly weak. ...