Arhaus price target raised to $13 from $12 at Telsey Advisory

Telsey Advisory analyst Cristina Fernandez raised the firm’s price target on Arhaus (ARHS) to $13 from $12 and keeps a Market Perform rating on the shares. The company delivered better-than-expected Q4 results, driven by its sales and guidance, the analyst tells investors. While Q1 is off to a slower start due to unfavorable weather, the firm expects a pick up in March and Q2.