Analysts are Revising Prices Targets of These 5 Stocks Following Earnings

3. Ulta Beauty, Inc. (NASDAQ:ULTA)

Number of Hedge Fund Holders: 54

Ulta Beauty, Inc. (NASDAQ:ULTA) recently crushed financial expectations for its fiscal third quarter. Citing its resilient quarterly performance, Barclays raised its price target for the beauty retailer from $511 per share to $548 per share on December 5.

For its fiscal Q3, Ulta Beauty, Inc. (NASDAQ:ULTA) reported earnings of $5.34 per share on revenue of $2.34 billion. This compares to the consensus forecast calling for earnings of $4.20 per share on revenue of $2.22 billion.

In addition, Ulta Beauty, Inc. (NASDAQ:ULTA) also improved its full-year revenue guidance to a range of $9.95 – $10 billion, from its previous projection between $9.65 – $9.75 billion.

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