Ulta Beauty price target raised to $750 from $675 at Oppenheimer

2 days ago 2

TipRanks

Wed, January 21, 2026 astatine 7:42 AM CST 1 min read

Oppenheimer raised the firm’s price target connected Ulta Beauty (ULTA) to $750 from $675 and keeps an Outperform standing connected the shares. Based connected its work, the steadfast is lifting its price target chiefly reflecting the caller re-rating successful discretionary names and its accrued assurance successful Ulta’s FY26 newness pipeline with the upcoming Rare Beauty launch. In summation to newness, Oppenheimer continues to spot a plethora of drivers to prolong top-line momentum from merchandising efforts to integer initiatives. The steadfast besides remains precise bullish connected CEO Kecia Steelman’s enactment and believes the fruits of her team’s efforts are apt to proceed to build. Ulta remains a apical prime for Oppenheimer.

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