Ulta Beauty price target raised to $315 from $305 at Baird Baird analyst Mark Altschwager raised his price target on Ulta Beauty to $315 from $305 following another standout quarter. The analyst said Q3 results included incredible top-line momentum, which shows few signs of letting up any time soon. He recommended investors stay involved in the name and to use any weakness as a buying opportunity. Altschwager reiterated his Outperform rating Ulta Beauty shares