Citigroup downgraded shares of Ulta Beauty (NASDAQ:ULTA) from a buy rating to a neutral rating in a report published on Wednesday, Analyst Ratings Network reports. They currently have $320.00 price target on the specialty retailer’s stock, up from their previous price target of $290.00.
Several other brokerages have also issued reports on ULTA. Oppenheimer boosted their target price on Ulta Beauty from $280.00 to $305.00 and gave the company an outperform rating in a research note on Monday, November 23rd. JPMorgan Chase & Co. upped their target price on Ulta Beauty from $260.00 to $330.00 and gave the stock an overweight rating in a research note on Monday, November 30th. Zacks Investment Research raised shares of Ulta Beauty from a hold rating to a buy rating and set a $260.00 price objective for the company in a report on Friday, November 13th. Credit Suisse Group cut their target price on