Argus Cuts PT on Ulta Beauty (ULTA) – Here’s Why

3 hours ago 2

Noor Ul Ain Rehman

Wed, June 24, 2026 astatine 7:17 AM CDT 1 min read

Ulta Beauty, Inc. (NASDAQ:ULTA) is 1 of the apical inexpensive maturation stocks to get rich. Argus chopped the terms people connected Ulta Beauty, Inc. (NASDAQ:ULTA) to $550 from $615 connected June 18 and reiterated a Buy standing connected the shares, stating that the stock's shares person underperformed implicit the past quarter, falling 13%, compared to gains of 12% for the S&P 500 and 2% for the assemblage ETF IYC. However, the steadfast pointed retired that though determination person been concerns implicit user spending, Ulta customers proceed to beryllium their committedness to quality regimens.

Ulta Beauty, Inc. (NASDAQ:ULTA) besides received a standing update from Citi connected June 4. The steadfast chopped the terms people connected the banal to $560 from $600 and reiterated a Neutral standing connected the shares, telling investors successful a probe enactment that the steadfast views the company's fiscal Q1 net study arsenic solid. However, Citi besides stated that Ulta Beauty, Inc. (NASDAQ:ULTA) inactive faces a competitory category.

Ulta Beauty, Inc. (NASDAQ:ULTA) is progressive successful the retail of quality products, with its products including makeup, tegument care, fragrance, tools, brushes, and bath and body.

While we admit the imaginable of ULTA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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