Telsey Advisory lowered the firm’s price target on Williams-Sonoma (WSM) to $215 from $220 and keeps an Outperform rating on the shares. The company likely saw a mixed quarter with positive sales trends and some softening after the tariff announcement, the analyst tells investors. The company’s product assortment remains differentiated and on trend with collaborations, the firm adds.
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Read More on WSM:
- Barclays upgrades Williams-Sonoma to Equal Weight on less earnings risk
- Williams-Sonoma upgraded to Equal Weight from Underweight at Barclays
- Williams-Sonoma (WSM) Q1 Earnings Cheat Sheet
- Williams-Sonoma: Hold Rating Amid Uncertain Outlook and Mixed Signals
- Williams-Sonoma initiated with an Underperform at Zelman
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