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Goldman Sachs Downgrades Williams-Sonoma (WSM) to Neutral

October 16, 2009 6:59 AM EDT
WSM Hot Sheet
Rating Summary:
    14 Buy, 8 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
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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