Why Ulta's Stock Is Trading Higher Today

Ulta Beauty, Inc. ULTA shares are trading higher after Barclays upgraded the company's stock from Equal-Weight to Overweight.

Ulta Beauty is the largest specialized beauty retailer in the U.S. with more than 1,250 stores. The firm offers makeup, fragrances, skincare and haircare products, and bath and body products

Ulta's stock was trading up 3.18% at $225.29 per share on Friday at the time of publication. The stock has a 52-week high of $368.83 and a 52-week low of $124.05.