Oracle has initiated and
Ulta Beauty has been upgraded according to top analyst calls.
Argus Research upgraded Ulta Beauty from hold to buy. The
stock of the company has recovered as it hits a 52-week high. The retail company is also expanding into
Mexico and the
UK, ending the long-standing partnership with
Target with several
Shop-in-Shop locations to be closed. Amid expansion and the announced
acquisition of
Space NK, Ulta has also raised sales outlook, beating expectations in its
financial performance.
AI is being utilized in e-commerce trends. A surge in
fragrance and K-Beauty products have also shown promising
sales growth. However, the company faced several unpleasant incidents with theft and alleged overcharging accusations. Despite this, Ulta appears to be implementing strategies for growth focusing on brand partnerships and increasing Ulta's presence globally.
Ulta Beauty ULTA News Analytics from Fri, 14 Mar 2025 07:00:00 GMT to Sat, 27 Sep 2025 16:40:59 GMT -
Rating 7
- Innovation 7
- Information 8
- Rumor -2
