In other recent news, Ulta Salon Cosmetics & Fragrance Inc. experienced a shift in stock rating as Piper Sandler downgraded it from Overweight to Neutral, citing concerns around margin pressure. Meanwhile, Argus maintained a Buy rating on Ulta's shares, highlighting the company's successful strategies in driving sales and its diverse range of products. Argus also expressed a positive outlook on Ulta's business partnerships and ongoing efforts to reduce costs.