Ulta's Stock Dip: Analysts Say Seize This Buying Opportunity
ULTAUlta Beauty(ULTA) MarketBeat·2024-09-03 19:00

Ulta Beauty TodayULTAUlta Beauty352.8414.74 (4.01352.84 -14.74 (-4.01%) 52-Week Range318.17▼574.76P/ERatio13.76PriceTarget574.76P/E Ratio13.76Price Target434.65Add to WatchlistTechnically speaking, a bottom in stock prices isn’t a bottom until it's been confirmed by a second bounce, and Ulta NASDAQ: ULTA is a prime example. The first entry signal is typically the strongest and provides the biggest gains but also comes with the most risk. A stock in a downtrend can continue to move lower despite experiencing periodic relief rallies. That’s why waitin ...