Deutsche Initiates Ulta At Hold On Valuation, High Expectations
August 03, 2015 at 11:06 AM EDT
Deutsche Bank thinks Ulta Beauty (ULTA)is a pretty compelling growth story, but investors should be wary of its high valuation and potential trouble spots. Associated Press Analysts Mike Baker and Adam Sindler initiated coverage of the stock with a Hold rating and $162 price target Monday. They write that the company is a leader in [...]
