ARHS - Arhaus attracts mostly bull ratings after analyst quiet period ends

Arhaus (NASDAQ:ARHS) is on watch after the quiet period ends on the furniture stock. Positive ratings are in already from Guggenheim (Buy, price target $14), Jefferies (Buy, price target $16), Baird (Outperform, price target $14), Tesley Advisory Group (Outperform, price target $14), William Blair (Outperform), Barclays (Outperform) and Piper Sandler (Overweight). Piper analyst Peter Keith says Arhaus has "significant growth potential" in the coming years given the industry backdrop, market share capture potential, new unit growth and growing brand awareness. The cautious firm on Arhaus (ARHS) at the moment is Morgan Stanley, which starts off coverage with an Equal-weight rating and price target of $12. Arhaus closed at $10.18 on Friday vs. the IPO pricing level of $13. See a rundown of all the stocks to watch this week for price volatility.

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Arhaus attracts mostly bull ratings after analyst quiet period ends