Goldman Sachs upgraded Williams-Sonoma (WSM) to Buy from Neutral with a price target of $218, up from $185. The firm cites the stock’s 14% pullback from the February highs for the upgrade. Williams-Sonoma has one of the strongest portfolio of brands in retail and the opportunity for sales growth acceleration from both unit and comp growth, the analyst tells investors in a research note. Goldman sees 14% upside from current share levels.
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