Arhaus (ARHS) shares are pushing higher on Monday after senior Jefferies analyst Jonathan Matuszewski issued a bullish note in favor of the luxury home furnishings and décor retailer. Matuszewski upgraded the Nasdaq-listed firm this morning to “Buy” and raised his price objective as well to $10, indicating potential upside of nearly 30% on its previous close.
His bullish report brings a much-needed reprieve to Arhaus stock that’s still trading roughly 23% below its price at the start of 2026.