Arhaus Analysts Raise Their Forecasts After Upbeat Q2 Earnings
Portfolio Pulse from Lisa Levin
Arhaus, Inc. (NASDAQ:ARHS) reported better-than-expected Q2 earnings, leading to an 8.7% increase in share price. The company also tightened its FY23 revenue guidance. Following the announcement, Telsey Advisory Group and Barclays raised their price targets on Arhaus.
August 10, 2023 | 11:34 am
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Arhaus reported better-than-expected Q2 earnings and tightened its FY23 revenue guidance. This led to an increase in share price and raised price targets from Telsey Advisory Group and Barclays.
Arhaus reported better-than-expected earnings, which is a positive signal for investors. This led to an increase in the company's share price. Additionally, the raised price targets from Telsey Advisory Group and Barclays indicate a positive outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100