BofA analyst Madeline Cech lowered the firm’s price target on Arhaus (ARHS) to $11 from $12 and keeps a Neutral rating on the shares. While the firm sees a positive long-term outlook supported by showroom growth, domestic sourcing exposure and supply chain efficiencies, weak housing turnover and consumer uncertainty along with systems investment over the next 12-24 months could restrain margin recovery in the near-term, the analyst tells investors.
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Read More on ARHS:
- Arhaus price target lowered to $11 from $12 at Telsey Advisory
- Arhaus price target lowered to $12 from $13 at TD Cowen
- Arhaus price target lowered to $10.50 from $12 at Morgan Stanley
- Arhaus: Positioned for Market Share Gains and Margin Expansion Despite Near‑Term Volatility
- Arhaus price target raised to $13 from $12 at Telsey Advisory