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Bullish Case: ULTA shows a robust resilience and ongoing strategic initiatives aimed at customer engagement and market expansion, supported by partnerships and data-driven analytics which continue to foster growth despite recent headwinds.


Bearish Case: Recent downturn warnings from management and a significant drop in stock prices reflect underlying issues such as elevated supply chain costs, increased competition, and a slowdown in consumer demand across all segments.


Potential Outcomes:

1) 60% chance ULTA rebounds due to strategic initiatives.

2) 25% likelihood of continued decline due to market saturation.

3) 15% Uncertainty remains with potential for stabilization or slight growth amid variable consumer spending trends.


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April 18, 2024


Ulta Beauty Forecast

ULTA        Ulta Beauty
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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ADP Forecast + Options Trading Strategies   [ADP]  Automatic Data Processing (0.0)


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FANG Forecast + Options Trading Strategies   [FANG]  Diamondback Energy (0.0)



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Assets that tend to move strongly against ULTA



DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.68)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.71)


EQNR Forecast + Options Trading Strategies   [EQNR]  Equinor ASA - (-0.75)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.76)


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.76)





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