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Arhaus price target lowered to $12 from $14 at Guggenheim

Guggenheim lowered the firm’s price target on Arhaus (ARHS) to $12 from $14 and keeps a Buy rating on the shares. The re-emergence of written order growth in April-May has “helped to re-establish the path to management’s reiterated 2026 outlook” and the firm is adjusting estimates accordingly, the analyst tells investors.

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