What 5 Analyst Ratings Have To Say About Arhaus
Portfolio Pulse from Benzinga Insights
Over the last quarter, Arhaus (NASDAQ:ARHS) received 5 analyst ratings, with 4 being somewhat bullish and 1 indifferent. The average price target is $13.0, which is higher than the current price of $9.6, suggesting an upside. This target is a 9.28% decrease from the previous target of $14.33. Analyst ratings are based on financial statements, company calls, and insider information, but they are subject to human error.
December 05, 2023 | 12:00 pm
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POSITIVE IMPACT
Arhaus has received mostly positive ratings from analysts with a price target suggesting an upside from the current stock price. However, the target has been lowered from the previous average, indicating some caution.
The positive analyst ratings and the higher price target compared to the current stock price suggest a potential upside, which could lead to short-term price appreciation. However, the decrease in the average price target may temper investor expectations, indicating a level of caution among analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100