
Jefferies Upgrades Ulta Beauty to Buy, Citing Strong Performance
Jefferies has upgraded Ulta Beauty's stock rating to "Buy" and set a $700 price target. The firm believes the beauty cycle is roaring back and sees further upside potential for the company.
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This beauty stock has been on fire over the past year. Jefferies sees even more upside
The investment firm upgraded the cosmetics giant to buy from hold.
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