Arhaus: Strong Performance and Growth Potential Amid Economic Challenges
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Analyst Max Rakhlenko of TD Cowen has maintained a Buy rating on Arhaus with a price target of $13.00, citing the company's strong performance and growth potential despite economic challenges. Arhaus reported solid third-quarter results, showing increased demand and effective margin control. Strategic investments in technology are expected to enhance operational efficiency. Stifel Nicolaus also supports a Buy rating with a $12.00 price target, although consumer weakness poses a risk.
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