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1 Growth Stock Down 32% to Buy Right Now
ULTAUlta Beauty(ULTA) The Motley Fool·2024-06-20 08:10

Investors are overreacting to news that isn't nearly as bad as it's suggested to be. The sellers, however, have arguably overshot their target. At the same time, the narrative surrounding the company has also turned unnecessarily pessimistic. Analysts' current consensus price target of $487.90 is 28% above the stock's present price, suggesting its pullback is ultimately a buying opportunity. Investors just have to look further down the road to see the bigger picture. While there are still challenges for Ult ...