Goldman Sachs Downgrades Williams-Sonoma (WSM) to Neutral

October 16, 2009 6:59 AM EDT

Goldman Sachs downgrades Williams-Sonoma, Inc. (NYSE: WSM) from Buy to Neutral but raised their price target from $21 to $24. The firm said WSM's compelling momentum is not priced in.

Goldman raising EPS estimates for 2009 by $0.12 to $0.55; 2010 by $0.12 to $0.84; 2011 by $0.17 to $1.15.


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