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Arhaus price target lowered to $8 from $9 at TD Cowen

TD Cowen lowered the firm’s price target on Arhaus (ARHS) to $8 from $9 and keeps a Buy rating on the shares. The firm said they are encouraged by a stronger start to 2Q with positive trends in April/May following a choppy 1Q which was negatively impacted by macro and other issues.

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