Ulta shares fall on TD Cowen downgrade
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Shares of Ulta Beauty (ULTA) are falling after TD Cowen downgraded the beauty retailer to Hold from Buy, citing increasing competition in a slowing industry. Market Domination Hosts Josh Lipton and Madison Mills report more on the bearish call and how the company can improve its in-store experiences to better compete with players like Sephora.
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This post was written by Melanie Riehl