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Ulta Beauty Inc (NASDAQ:ULTA) shares added about 3% after the beauty retailer was upgraded by Bank of America analysts to a ‘Buy’ rating from ‘Neutral.’ The firm maintained its price objective of $685, implying upside from the stock’s current price of $532. Bank of America sees a more...
Bank of America just reset its view on the home improvement sector, and Lowe’s (NYSE:LOW) drew the short straw. On May 5, 2026, the firm reinstated coverage of Lowe’s stock at Neutral with a $260 price target, stepping down from its prior Buy rating. The call functions as a de facto analyst downgrade. The investor ... Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling?
An analyst firm just put its stamp of approval on a battered consumer name. Bank of America (NYSE:BAC) analyst Lorraine Hutchinson upgraded Ulta Beauty (NASDAQ:ULTA) stock to Buy from Neutral with a $685 price target on May 5, arguing that conservative fiscal 2026 guidance has reset expectations and created a more attractive entry into a ... BofA Just Deemed Ulta Beauty a High-Quality Compounder. Time to Buy the 26% Pullback?
Investing.com -- Bank of America upgraded Ulta Beauty to Buy from Neutral in a note on Tuesday, arguing that a recent share price pullback has created an attractive entry point into what the bank describes as a high-quality compounder trading at a discount to peers.
(Bloomberg) -- First-quarter earnings season is delivering Wall Street better-than-expected results, propelling US equities’ run from one record to the next.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Thousands Evacuated as Mayon Volcano EruptsIran Juggles Oil Cuts and Storage Strain to Resist US BlockadeAs earnings wind dow