Morgan Stanley raised the firm’s price target on Williams-Sonoma (WSM) to $210 from $200 and keeps an Equal Weight rating on the shares. While tough margin comparisons and lingering tariff impacts could pressure margins in Q2 and Q3 to offset some of the top-line momentum, the firm thinks there is a path to mid-single digit percentage comp growth, the analyst tells investors.
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Read More on WSM:
- Williams-Sonoma price target raised to $192 from $191 at RBC Capital
- Williams-Sonoma price target raised to $190 from $185 at Wells Fargo
- Williams-Sonoma: Strong Execution and Growth Initiatives Offset by Macro Risks and Rich Valuation as Price Target Raised to $190
- Williams-Sonoma price target raised to $190 from $186 at Barclays
- Williams-Sonoma Earnings Call: Growth With Caution
