RBC Capital raised the firm’s price target on Williams-Sonoma (WSM) to $213 from $212 and keeps an Outperform rating on the shares. The company posted its 3rd consecutive quarter of positive comp sales growth, despite housing fundamentals remaining virtually unchanged, the analyst tells investors in a research note. The management has also indicated that momentum has carried forward into Q3, raising FY25 comp guidance while somewhat easing pull-forward fears, the firm added.
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