Ulta Shares Rise on Goldman Sachs Upgrade to Buy from Neutral

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Ulta Shares Rise on Goldman Sachs Upgrade to Buy from Neutral

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Ulta Shares Rise on Goldman Sachs Upgrade to Buy from Neutral

by TheStreet.com Videos 0:55 mins

Shares of Ulta are climbing on Thursday after Goldman Sachs analysts upgraded the stock to Buy from Neutral. Goldman Sachs also increased their price objective on the stock to $118, up from $107. In other news, according to an SEC filing, Ulta CEO Mary Dillon bought 5,000 shares of the stock on Tuesday, March 18 at an average price of $97.35 a share, for a total investment of nearly $487,000. The beauty retailer recently reported better-than-expected quarterly results on March 13.

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