$ULTA Stock Update

Ulta has been somewhat laggard the past few months, but on a slow growth rise. It is however, quite a niche market for us, which was partially our play to diversity. They did beat their Q3 2016 and they will be releasing their Q4 news tomorrow. The stock has slid the past couple days, hoping this is pre-reporting jitters and not some slipped news, it still has 88.30% institutional ownership and a target price of $300 so we’ll hold to hear the news – which hopefully is good, as they have beat their 9 earnings reports.

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