Wall Street closes at a record for the first time since end of January
Oatly Group AB (NASDAQ:OTLY) announced Friday that it has published the notice convening its annual general meeting, which is set to take place on May 20, 2026. The company stated that materials related to the meeting are available on its corporate website.
The announcement was made in a press release statement included in a filing with the U.S. Securities and Exchange Commission. No further details about the agenda or proposals for the meeting were disclosed in the filing.
In other recent news, Ulta Beauty has garnered attention from several analyst firms regarding its stock ratings and future prospects. UBS reiterated its Buy rating on Ulta Beauty with a price target of $810, emphasizing sustainable growth and growth initiatives following the company’s fourth-quarter results. Evercore added Ulta Beauty to its TAP Outperform List, maintaining an outperform rating and a $675 price target, citing the company’s earnings potential despite challenges in expense management and the lack of first-quarter guidance. Meanwhile, Argus lowered its price target for Ulta Beauty from $700 to $615, maintaining a Buy rating and suggesting the recent stock weakness could present a buying opportunity. Analyst Deborah Ciervo highlighted the stock’s decline over the past quarter compared to broader market indices. These developments come as the first-quarter 2026 earnings season approaches, with analysts like Michael Baker from D.A. Davidson noting that lean inventory levels may help retailers manage potential demand risks amidst economic pressures.
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