Analyst firms · Jefferies · ULTA

Jefferies ULTA price target and rating history

Ulta Beauty Inc. (ULTA) · Consumer Discretionary

Jefferies rates Ulta Beauty Inc. (ULTA) Buy with a $700 price target, as of its latest action on Apr 20, 2026. It has published 6 rating actions on ULTA since December 2021, including 2 upgrades and 1 downgrade. Across 8 firms with a ULTA price target in the last 12 months, the median target is $700. Jefferies's target matches it.

Current rating

Buy

Price target

$700

Median target, all firms

$700

Actions on ULTA

6

Jefferies price target on ULTA

Every Jefferies rating on ULTA

• Apr 20, 2026
  UpgradeJefferies upgrades to Buy from Hold, price target $700
• Jan 14, 2026
  ResumeJefferies resumes coverage at Hold, price target $700
• Apr 19, 2024
  DowngradeJefferies downgrades to Hold from Buy, price target $585 to $438
• Apr 10, 2024
  ReiterateJefferies cuts its price target to $585 from $610, keeps Buy
• May 27, 2022
  UpgradeJefferies upgrades to Buy from Hold, price target $400 to $475
• Dec 3, 2021
  ReiterateJefferies raises its price target to $400 from $390, keeps Hold

How other firms rate ULTA

Each firm's latest rating and stated target in the last 12 months.

Questions about Jefferies and ULTA

What is Jefferies's price target for ULTA?

Jefferies's latest stated price target for Ulta Beauty Inc. (ULTA) is $700, from its action on Apr 20, 2026.

What is Jefferies's rating on ULTA?

Jefferies rates ULTA Buy, a bullish rating, as of Apr 20, 2026.

When did Jefferies last change its view on ULTA?

On Apr 20, 2026, Jefferies upgrades to Buy from Hold, price target $700.

How does Jefferies's ULTA target compare with other analysts?

Across 8 firms with a ULTA price target in the last 12 months, the median target is $700. Jefferies's target matches it.

More ULTA rating histories

• Wells Fargo4
• BMO Capital Markets4
• BofA Securities3
• Telsey Advisory Group12
• Raymond James8
• Deutsche Bank5
• Argus Research3
• TD Cowen4
• Piper Sandler3
• Barclays3
• Loop Capital5
• Morgan Stanley3
• Oppenheimer6

All Jefferies ratingsULTA news and filingsEvery analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.