Morgan Stanley Maintains Equal-Weight on Arhaus, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Arhaus (NASDAQ:ARHS) and raises the price target from $9 to $12.
August 21, 2023 | 12:43 pm
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Morgan Stanley maintains an Equal-Weight rating on Arhaus and raises the price target from $9 to $12. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Arhaus. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100