$ULTA

Sephora and Ulta Beauty are launching on TikTok Shop to capitalize on its billion monthly beauty searches and $4.4bn in US sales. Sephora's Drop Shop experience debuts on 19 September, while Ulta Beauty aims to meet Gen Z demand. TikTok Shop grew 60% year-over-year in the UK. According to Charm.io's CEO, this move aligns with beauty discovery trends.

Ulta Beauty (ULTA) management discussed operational resilience at Barclays' conference, focusing on cost control and assortment discipline. Wells Fargo upgraded ULTA to Equal Weight, citing margin pressures and Target partnership changes. The company projects $14.9B revenue and $1.4B earnings by 2029, with risks including e-commerce competition and cost inflation. Analysts' views vary, with some seeing 15% upside and others 28% downside.

Analysts upgraded several companies: Needham upgraded Similarweb (SMWB) to Buy with a $11 target, Wolfe Research upgraded Paychex (PAYX) to Peer Perform, Needham upgraded Rocket Pharmaceuticals (RCKT) to Buy with a $9 target, UBS upgraded Union Pacific (UNP) to Buy with a $339 target, and Barclays upgraded Alvotech (ALVO) to Overweight with a $8 target.

Analysts made several calls on Tuesday, including upgrades for Nokia (NOK), The New York Times (NYT), Agilon (AGL), and Eli Lilly (LLY). Price targets were raised for NYT ($82), AGL ($125), and Palantir (PLTR, $250). Other notable actions include initiations on Janus Living, Vishay Intertechnology (VSH), and Samsara (IOT).

Piper Sandler identifies retail stocks with strong seasonal performance in November and December, including Signet Jewelers (SGI), Arhaus (ARHS), Target (TGT), Dollar Tree (DLTR), Dollar General (DG), American Eagle (AEO), Warby Parker (WRBY), Revolve Group (RVLV), and Ulta Beauty (ULTA). These stocks historically underperform in September-October but rally during the holiday season. Several companies reported earnings beats and received price target increases.

Wall Street analysts issued research calls on several companies. Eli Lilly (LLY) was upgraded to Buy with a $1,400 target, Etsy (ETSY) to Outperform with a $525 target, and New York Times (NYT) to Buy with an $82 target. Downgrades included Aptiv (APTV) to Neutral with a $56 target, Lear (LEA) to Neutral with a $150 target, and Magna (MGA) to Neutral with a $72 target. New initiations included Autodesk (ADSK) with a Neutral rating and $215 target, Rivian (RIVN) with a Neutral rating and $18 targ

Wells Fargo upgraded Ulta Beauty (ULTA) to Equal Weight, raising its price target to $525. The firm cited resilient performance despite industry headwinds. ULTA trades at $548.65 with a $23.5B market cap. Other analysts have mixed views, with targets ranging from $525 to $710. The company has seen share buybacks and mixed earnings revisions.

Analysts updated recommendations for several companies. Baptista Research raised Abercrombie & Fitch's price target to $163.40 but downgraded it to hold. Eli Lilly was upgraded to buy by Berenberg, which also raised its target to $1,400. Other companies affected include Coinbase, Ulta Beauty, and Philip Morris.

Nagler Lorna sold 600 shares of Ulta Beauty, Inc. (ULTA) at $537.31 ($0.32M total) on 2026-09-11.

Ulta Beauty (ULTA) reports resilient demand, with K-beauty and exclusives driving sales. The company ended its Target partnership, expecting to recover lost sales. Ulta highlights its unique position across mass and prestige beauty, with a strong loyalty program and AI-driven marketing. It plans to invest in wellness, international expansion, and share repurchases, aiming for double-digit EPS growth.