B of A Securities Maintains Buy on Arhaus, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Arhaus (NASDAQ:ARHS) but has lowered the price target from $18 to $15.
October 11, 2024 | 5:33 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Arhaus but reduced the price target from $18 to $15, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Arhaus, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100