Piper Sandler raised the company target price at Aarhaus (ARHS) to $15 from $14 and maintains an Overweight rating on the stock after announcing the departure of CFO Dawn Phillipson and raising guidance for the full year. The company added that the results of matching demand and sales in the fourth quarter were significantly better than expected. Piper told investors that while the fundamental outlook for Arhaus in 2025 is now more positive, a series of executive team departures in recent months is a cause for concern. The company concluded trading in Arhaus with a noticeable discount compared to competitors based on EBITDA.
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