We came across a bullish thesis on Ulta Beauty, Inc. on X.com by wallstengine. In this article, we will summarize the bulls’ thesis on ULTA. Ulta Beauty, Inc.’s share was trading at $546.75 as of September 30th. ULTA’s trailing and forward P/E were 21.19 and 23.09 respectively according to Yahoo Finance.
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Barclays has upgraded Ulta Beauty (ULTA) from Equal Weight to Overweight, raising its price target to $589 from $518, reflecting growing confidence...
