JPMorgan Raises Ulta Beauty (ULTA) Price Target to $800 from $647

On February 20, Ulta Beauty, Inc. (NASDAQ:ULTA) saw JPMorgan rise its terms people to $800 from $647 portion maintaining an Overweight rating, though the steadfast removed the banal from its Analyst Focus List pursuing the caller rally and comparatively blimpish 2026 guidance. The expert noted that the company’s outlook appears much weighted toward the 2nd fractional of the twelvemonth than existent statement estimates, peculiarly with respect to first-quarter expectations.

Piper Sandler besides raised its terms people connected Ulta Beauty, Inc. (NASDAQ:ULTA) to $775 from $615 portion maintaining an Overweight rating. The steadfast highlighted a beardown vacation play and accelerating quadrate footage growth, estimating that Space NK income could summation successful the precocious 20% scope successful 2026. Piper models fourth-quarter comparable store income maturation of astir 5%, supra institution guidance of 2.5%–3.5%, citing sustained class momentum and operating leverage. The operation of postulation gains, premium marque partnerships, and enlargement initiatives positions Ulta for continued stock gains wrong the quality category, reinforcing a affirmative semipermanent concern outlook.

Ulta Beauty, Inc. (NASDAQ:ULTA), founded successful 1990 and headquartered successful Bolingbrook, Illinois, is simply a starring U.S. retailer of cosmetics, skincare, fragrance, and salon services. Its differentiated exemplary combines wide and prestige brands nether 1 roof.

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