Stifel Maintains Buy on Arhaus, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst W. Andrew Carter maintains a Buy rating on Arhaus (NASDAQ:ARHS) but lowers the price target from $19.5 to $16.
August 12, 2024 | 12:20 pm
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Stifel analyst W. Andrew Carter maintains a Buy rating on Arhaus but lowers the price target from $19.5 to $16.
The Buy rating suggests continued confidence in Arhaus, but the lowered price target indicates tempered expectations for future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100