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Arhaus Shares Rise 6.5% After Piper Sandler Upgrade

Arhaus shares rose 6.5% after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target to $13 from $9.

ARHS

Arhaus (NASDAQ: ARHS) shares climbed 6.5% in afternoon trading after Piper Sandler analyst Peter Keith raised the stock to Overweight from Neutral. He also increased the firm’s price target to $13 from $9, according to StreetInsider.