This Ulta Beauty Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday

Wells Fargo analyst Ike Boruchow upgraded Ulta Beauty Inc (NASDAQ: ULTA) from Underweight to Equal-Weight and raised the price target from $450 to $525. Ulta Beauty shares closed at $548.65 on Monday. This upgrade is part of a broader trend where several analysts have adjusted their ratings on various companies, indicating a shift in market sentiment.