After Indian Petroleum Minister Hardeep Singh Puri remarked publicly at the signing of an EU trade deal that a trade deal with the U.S. is in “very advanced stages,” Jefferies said such a deal would be positive for home furnishings companies under the firm’s coverage, including Williams-Sonoma (WSM), given the importance of the country’s exports. Jefferies has a Buy rating and $220 price target on Williams-Sonoma shares.
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