Oppenheimer Maintains an 'Outperform' on Williams-Sonoma (WSM); Positioned Well for Holiday 2011
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Price: $240.42 -0.48%
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Oppenheimer maintains an 'Outperform' on Williams-Sonoma (NYSE: WSM) price target of $47.00.
Oppenheimer analyst says, "On Mon., Nov. 21st, we met with Williams-Sonoma COO, CFO Sharon McCollam at the company's headquarters in San Francisco. Last week, WSM reported better than expected Q3 (Oct.) results. Management does not comment upon business trends intra-quarter. We have for some time recommended WSM as one of the most compelling investment opportunities amongst leading hardlines stocks. WSM continues to execute on its new, more online-centric strategy well. The company's West Elm locations are performing well. Enhanced drivers should serve to boost sales at the core Williams-Sonoma stores through the upcoming holiday selling season. Competitive pressures within the home sector seemingly continue to ease."
For an analyst ratings summary and ratings history on Williams-Sonoma click here. For more ratings news on Williams-Sonoma click here.
Shares of Williams-Sonoma closed at $36.82 yesterday.
Oppenheimer analyst says, "On Mon., Nov. 21st, we met with Williams-Sonoma COO, CFO Sharon McCollam at the company's headquarters in San Francisco. Last week, WSM reported better than expected Q3 (Oct.) results. Management does not comment upon business trends intra-quarter. We have for some time recommended WSM as one of the most compelling investment opportunities amongst leading hardlines stocks. WSM continues to execute on its new, more online-centric strategy well. The company's West Elm locations are performing well. Enhanced drivers should serve to boost sales at the core Williams-Sonoma stores through the upcoming holiday selling season. Competitive pressures within the home sector seemingly continue to ease."
For an analyst ratings summary and ratings history on Williams-Sonoma click here. For more ratings news on Williams-Sonoma click here.
Shares of Williams-Sonoma closed at $36.82 yesterday.
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