Ulta Beauty (NASDAQ:ULTA) Given New $712.00 Price Target at Barclays

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Barclays has raised its price target for Ulta Beauty (NASDAQ:ULTA) to $712.00 from $680.00, maintaining an “overweight” rating, which suggests a potential upside of 14.15%. Other analysts have set even higher targets for the specialty retailer. Ulta Beauty reported earnings per share of $5.14 and revenue of $2.86 billion for its last quarter, both exceeding analyst estimates.

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