Seeking Alpha

Ulta Salon (ULTA -1.7%) trades lower following a negative mention in Barron's. The publication...

Ulta Salon (ULTA -1.7%) trades lower following a negative mention in Barron's. The publication argues Ulta's valuation (37x expected FY12 earnings) is excessive, particularly given rising competition. It thinks shares should trade at a relatively modest 20x forward multiple, a level that would translate into a $55 price.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)