TD Cowen Maintains Buy on Arhaus, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains a Buy rating on Arhaus (NASDAQ:ARHS) but lowers the price target from $19 to $14.
August 09, 2024 | 5:31 pm
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TD Cowen analyst Max Rakhlenko maintains a Buy rating on Arhaus but lowers the price target from $19 to $14.
The maintained Buy rating suggests continued confidence in Arhaus's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100