Cosmetics & Fragrance

Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) is down more than 15 percent in after hours trading after the company announced its third quarter results. The cosmetics firm announced a Q3 EPS of $0.72 versus the Street estimate of $0.74. Earnings per share were up 22 percent from the year-...

J.P. Morgan is out with its report today on Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA), raising its PT from $50 to $60. In a note to clients, J.P. Morgan writes, "Our Dec 2011 price target of $60 is based on 29-30x our 2012 EPS estimate – in line with its growth peer group (UA, LULU, VRA...

Following Ulta Salon, Cosmetics & Fragrance's (NASDAQ: ULTA) analyst day in Chicago (a first since the IPO), “we come away with an increased confidence in the company's bench strength and management's clear sense of intentional, process-driven decision making at what is, in our view, one of the...