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News Breaks | | | | January 7, 2013 | | 08:03 EDT |  | ULTA | Ulta Salon premium multiple justified, says RW Baird
Baird believes Ulta Salon should continue to show gains following the company's guidance reiteration. The firm cited its execution, attractive growth profile, comp momentum, and operating margin expansion. Shares are Outperform rated with a $122 price target. | |
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