Telsey Advisory analyst Cristina Fernandez lowered the firm’s price target on Williams-Sonoma (WSM) to $220 from $230 and keeps an Outperform rating on the shares. The company’s Q4 results demonstrated the strength of its brands and its differentiated merchandise assortment, the analyst tells investors. The firm believes the company is well positioned to outperform in the current landscape given a more diversified business across brands and product categories.
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