Shares of The Ultimate Software Group, Inc. ULTI are up over 25 percent thanks to "strong execution in a healthy demand environment," according to Wedbush, but the research firm is stepping to the sidelines. The Analyst Webush analyst Steve Koenig downgraded shares of Ultimate Software from Outperform to Neutral and increased the price target from $234 to $255 on higher peer multiples. SourceThe price is ready to break out the rising wedge and form some downside. $ULTI, The Ultimate Software Group, Inc. / D