Arhaus gains; Jefferies upgrades to 'buy'
21/09/2026 12:08
BUZZ-Arhaus gains; Jefferies upgrades to 'buy' ** US home furnishings retailer ArhausARHS.O gains 3.5% to $8.06 in premarket trading
** Jefferies upgrades rating on stock to 'buy' from 'hold'; hikes PT to $10 from $9.5, implying a 28.4% upside to the stock's last close
** Brokerage aays upgrading on "newfound optimism on the retailer's strategy to elevate brand awareness via broadened catalog circulation and digital marketing stemming from site traffic up >100% y/y the past 4 weeks"
** Co beat Q2 revenue estimates in August
** Up to last day's close, shares down 27% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
Recent news on Arhaus
See all newsArhaus, Inc. reports results for the quarter ended September 30 - Earnings Summary
Home furnishings retailer Arhaus Q3 revenue slightly misses estimates
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