Jefferies Upgrades Ulta Beauty to Buy with Higher Price Target

On April 20, Jefferies upgraded Ulta Beauty (NASDAQ:ULTA) from Hold to Buy and raised its price target to $700. The upgrade is based on strong demand in the beauty industry, improved brand execution, and better cost management.

By Sheryar Siddiq May 3, 2026 2 min read · Yahoo Finance ·

Jefferies Upgrades Ulta Beauty to Buy with Higher Price Target

Tickers: $UBS $ULTA

Topics: Beauty Retail Investment Analysis Jefferies UBS Ulta Beauty

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