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Upgrade Alert for Ulta Salon Cosmetics & Fragrance (ULTA)
[November 30, 2012]

Upgrade Alert for Ulta Salon Cosmetics & Fragrance (ULTA)

Nov 30, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) was upgraded from Market Perform to Outperform at Wells Fargo today. The stock closed yesterday at $93.15 on volume of 1.6 million shares, above average daily volume of 710,000. Over the past year, Ulta Salon Cosmetics & Fragrance has traded in a range of $32.01 to $103.52 and closed yesterday at $93.15, 191% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) has potential upside of 20.4% based on a current price of $93.15 and analysts' consensus price target of $112.17. The stock should hit resistance at its 50-day moving average (MA) of $96.10, as well as support at its 200-day MA of $90.46.

Ulta Salon, Cosmetics & Fragrance, Inc. sells cosmetics, fragrances, skin and hair care products, appliances, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.

SmarTrend is tracking the current trend status for Ulta Salon Cosmetics & Fragrance and will alert subscribers who have ULTA in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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