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Deutsche Bank Sticks to Their Buy Rating for Ulta Beauty (ULTA)

Tipranks - Tipranks - Sat Mar 14, 7:46AM CDT

Deutsche Bank analyst Krisztina Katai maintained a Buy rating on Ulta Beauty today and set a price target of $748.00.

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Katai covers the Consumer Defensive sector, focusing on stocks such as Walmart, Dollar General, and Target. According to TipRanks, Katai has an average return of 6.3% and a 56.25% success rate on recommended stocks.

In addition to Deutsche Bank , Ulta Beauty also received a Buy from TipRanks – Google’s Google Specialty Retail in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Ulta Beauty (NASDAQ: ULTA).

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Based on Ulta Beauty’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $3.9 billion and a net profit of $356.68 million. In comparison, last year the company earned a revenue of $3.49 billion and had a net profit of $393.27 million

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