Telsey Advisory Group Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock

NodeGuardian · 2026-03-15T12:26:27+00:00

Telsey Advisory Group raised Ulta Beauty's price target from $640 to $715, maintaining an "outperform" rating. This comes after the company reported strong earnings, exceeding expectations, and analysts hold a "Moderate Buy" consensus.

NodeGuardian

2026-03-15 12:26:27

Abstract generation in progress

Telsey Advisory Group has raised its price target for Ulta Beauty (NASDAQ:ULTA) stock from $640 to $715, maintaining an “outperform” rating, indicating a potential 10.6% upside. This follows Ulta Beauty’s strong quarterly results, which saw earnings per share of $5.14 and revenue of $2.86 billion, significantly surpassing analyst expectations. The company, trading around $646.34 with a market capitalization of $28.7 billion, holds a consensus “Moderate Buy” rating among analysts.

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