TD Cowen lowered the firm’s price target on Williams-Sonoma (WSM) to $210 from $225 and keeps a Buy rating on the shares. The firm delivered strong 3Q top and bottom line results but focus is on 4Q EBIT margins as tariffs will begin to flow through and mgmt pointed to an expected sizable impact.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WSM:
- Williams-Sonoma price target lowered to $175 from $184 at UBS
- Williams-Sonoma: Hold Rating Amid Strong Q3 Performance and Tariff Concerns
- Cautious Outlook for Williams-Sonoma Amid Margin and Tariff Concerns
- Williams-Sonoma: Hold Rating Amid Mixed Financial Performance and Tariff Concerns
- Williams-Sonoma price target lowered to $188 from $202 at Citi