Baird Maintains Outperform on Arhaus, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict has maintained an Outperform rating on Arhaus (NASDAQ:ARHS) and increased the price target from $13 to $16.
March 08, 2024 | 12:06 pm
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Baird analyst Peter Benedict reaffirmed an Outperform rating on Arhaus and raised the price target from $13 to $16.
The increase in price target by Baird reflects a positive outlook on Arhaus, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100