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What’s in store for Ulta Beauty this earnings season? Analyst predicts lower margins – Ulta Beauty (NASDAQ:ULTA)


What’s in store for Ulta Beauty this earnings season? Analyst predicts lower margins – Ulta Beauty (NASDAQ:ULTA)

JPMorgan Chase & Co. Analyst Christopher Horvers reiterated the “Overweight” rating for Ulta Beauty, Inc. ULTAwhich lowered the price prediction from $544 to $450. The company will report its results tomorrow after the market closes. Horvers lowered the second-quarter revenue forecast to unchanged, as most investors expect a result of -1%. The analyst has lowered […]