Investors boosted holdings in Ulta Beauty after it reported strong earnings and revenue, beating estimates.
Stifel Financial Corp. and other investors have increased their holdings in Ulta Beauty, a specialty beauty retailer that reported strong quarterly earnings of $5.14 per share, beating estimates by $0.69. The company's revenue was $2.53 billion, also exceeding expectations. Analysts have given mixed ratings but raised price targets, with an average target of $439.30. Institutional investors own 90.39% of Ulta Beauty stock.
4 months ago
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