Williams-Sonoma price target lowered to $185 from $195 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Williams-Sonoma (WSM) to $185 from $195 and keeps an Equal Weight rating on the shares. The company will need to navigate demand headwinds, mounting tariff pressures, and a delayed recovery in home furnishings, but management has demonstrated its brand equity and the ability to engage customers while defending margins, the analyst tells investors in a post-earnings note.