Ulta Beauty (ULTA) stock has a potential downside to $275, possibly reaching the $200s in a worst-case scenario (negative same-store sales), and a long-term potential upside of around $700.
"I can see potential downside worst case scenario like 275 on this stock there would be they kind of come to a standstill in regards to same store sales or even same store sales go like negative which is certainly a potential if that happens you could see the stock in the 200s right... I think potential upside for the stock long term is maybe like 700 in regards to this"