- Ulta Salon (NASDAQ:ULTA) is a hot topic in the retail sector after posting another strong quarter.
- Stifel Nicolaus (Hold rating): While a strong Q4 comp impressed, the company is "under-earning" right now due to spending.
- Cowen (Outperform rating): The unique "customer-centric" model should continue to underpin strong growth. PT goes to $206 from $200.
- Wells Fargo (Market Perform rating): "No holes in fundamental story today," writes WF. Investors should have confidence in margin improvement.
- KeyBanc (Overweight rating): Significant margin expansion seen for FY17. A fresh price target of $220 is lined up.
- Cabot Investing Advice: The eight straight quarters of high revenue growth (19%-22%) and strong FY16 guidance could attract more big investors.
- Previously: Ulta Salon beats by $0.15, beats on revenue (Mar. 10 2016)
- Previously: Ulta Salon +12% AH on strong Q4, upbeat guidance (Mar. 10 2016)
- ULTA +12.92% premarket to $184.50.