By: Benzinga
February 05, 2013 at 10:48 AM EST
UPDATE: Credit Suisse Initiates Ulta Salon, Cosmetics & Fragrance at Outperform on Positioning, Growth Outlook
Credit Suisse initiated coverage on Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA ) with an Outperform rating and a $120.00 price target. Credit Suisse noted, "We are initiating coverage of ULTA with an Outperform rating, reflecting the unique positioning, rapid growth, and competitive advantages that ULTA enjoys. What we like
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