Piper Sandler lowered the firm’s price target on Arhaus (ARHS) to $9 from $10 and keeps a Neutral rating on the shares following Q1 results that missed expectations and full year guidance that was reduced. The company expects modest tariff disruption, but has seen choppy demand trends in recent months. Piper continues to like Arhaus’ offering, industry positioning, and value proposition, but results have been remarkably inconsistent over the last year.
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Read More on ARHS:
- Arhaus price target lowered to $8 from $12 at Loop Capital
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