With U.S. businesses reopening and the economy gaining steam again following widespread pandemic-related closures, Ulta Beauty is among companies with the potential for long-term strength, according to Michael Baker, a D.A. Davidson Institutional Research Analyst. Baker, who recently launched coverage of Ulta, believes cosmetics will be in more demand as Americans begin traveling, returning to the office and socializing again. His perspectives about the effect of businesses reopening can be found in “D.A. Davidson Thinks Ulta (ULTA) is “The ULTAmate Reopening Trade,” an article at TheStreet.com by Alex Moreno.
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