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#16. Ulta Beauty Inc (ULTA) — 43% UPSIDE

Company Name:  Ulta Beauty Inc
Sector:  Specialty Retail

Ulta Beauty is a beauty retailer and a beauty destination for cosmetics, fragrance, skin care products, hair care products, and salon services. Co. has one reportable segment, which includes retail stores, salon services, and e-commerce. Co.'s retail stores are predominantly located in locations such as power strip centers. Co. provides a range of beauty services in its stores, focusing on hair, makeup, brow, and skin services. Co.'s Ulta Beauty store format includes an open salon area, with most of its stores offering brow services on the salon floor. In addition, stores offering skin services include a skin treatment room or dedicated skin treatment area on the sales floor. The median 12 month forward target price among analysts covering ULTA is $570.0/share.

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