Arhaus’ price target was raised to $15 from $14 at Piper Sandler


https://www.tipranks.com/news/the-fly/arhaus-price-target-raised-to-15-from-14-at-piper-sandler

Piper Sandler raised the company’s target price in Arhaus (ARHS) to $15 from $14 and maintains an overweight rating on the stock after announcing the departure of CFO Dawn Phillipson and raising full-year guidance. The company added that demand offset and fourth-quarter sales results were substantially better than expected. Piper told investors that while he is now more positive about Arhaus’s fundamental outlook in 2025, the rash of executive team departures in recent months is concerning. The firm concluded that Arhaus trades at a significant discount to its peers based on EBITDA.

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