Arhaus And RH Distinguished By Premium Focus, Scale, And National Networks - Analyst Initiates Coverage
ARHSArhaus(ARHS) Benzinga·2024-07-10 02:49

Loading...Loading...Stifel analyst Andrew Carter initiated coverage on Arhaus, Inc. ARHS with a Buy rating and forecast of $19.5.According to Carter, Arhaus’s short public market tenure has been successful with consistent execution, enabling revenue growth to build upon the COVID surge.In addition, the current discount to retail peers is undervaluing the analyst’s growth outlook, with Arhaus in the middle innings of executing its primary expansion initiative.The analyst also initiated coverage on RH RH with ...