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Ulta Beauty To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Friday

benzinga_article
Aug 28, 2026 at 12:14 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Wall Street analysts updated price targets for several stocks. Piper Sandler raised Workday's target to $190, while HC Wainwright increased Generate Biomedicines' to $30. BTIG lifted Rubrik's target to $125, and Needham raised Marvell Technology's to $300. Baird boosted Elastic's target to $120. Conversely, Ascendiant Capital cut Genasys' target to $5, B of A Securities lowered Ulta Beauty's to $650, and Goldman Sachs adjusted Dollar General's to $141 and Best Buy's to $71.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Piper Sandler raised the price target for Workday Inc (NASDAQ:WDAY) from $145 to $190. Piper Sandler analyst Billy Fitzsimmons maintained a Neutral rating. Workday shares closed at $193.57 on Thursday. See how other analysts view this stock.
  • HC Wainwright & Co. raised Generate Biomedicines Inc (NASDAQ:GENB) price target from $25 to $30. HC Wainwright & Co. analyst Mitchell S. Kapoor maintained a Buy rating. Generate Biomedicines shares closed at $15.77 on Thursday. See how other analysts view this stock.
  • BTIG raised price target for Rubrik Inc (NYSE:RBRK) from $109 to $125. BTIG analyst Gray Powell maintained a Buy rating. Rubrik shares closed at $107.02 on Thursday. See how other analysts view this stock.
  • Ascendiant Capital cut the price target for Genasys Inc (NASDAQ:GNSS) from $6 to $5. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Genasys shares closed at $1.55 on Thursday. See how other analysts view this stock.
  • Needham increased Marvell Technology Inc (NASDAQ:MRVL) price target from $270 to $300. Needham analyst N. Quinn Bolton maintained a Buy rating. Marvell Technology shares closed at $241.45 on Thursday. See how other analysts view this stock.
  • Baird boosted Elastic NV (NYSE:ESTC) price target from $95 to $120. Baird analyst Shrenik Kothari maintained an Outperform rating. Elastic shares closed at $83.74 on Thursday. See how other analysts view this stock.
  • B of A Securities cut Ulta Beauty Inc (NASDAQ:ULTA) price target from $685 to $650. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating. Ulta Beauty shares closed at $540.10 on Thursday. See how other analysts view this stock.
  • Goldman Sachs raised the price target for Dollar General Corp (NYSE:DG) from $128 to $141. Goldman Sachs analyst Kate McShane maintained a Neutral rating. Dollar General shares closed at $125.89 on Thursday. See how other analysts view this stock.
  • Goldman Sachs boosted Best Buy Co Inc (NYSE:BBY) price target from $62 to $71. Goldman Sachs analyst Kate McShane maintained a Sell rating. Best Buy shares closed at $83.56 on Thursday. See how other analysts view this stock.
  • B of A Securities raised Gap Inc (NYSE:GAP) price target from $26 to $27. B of A Securities analyst Lorraine Hutchinson maintained a Neutral rating. Gap shares closed at $20.79 on Thursday. See how other analysts view this stock.

Considering buying ULTA stock? Here’s what analysts think:

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