Piper Jaffray Downgrades Williams-Sonoma (WSM) to Neutral, Cuts Price Target to $37

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January 12, 2012 8:42 AM EST
Get Alerts WSM Hot Sheet
Price: $240.60 -0.41%

Rating Summary:
    16 Buy, 27 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
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Piper Jaffray downgraded shares of Williams-Sonoma (NYSE: WSM) to a Neutral rating from its previous rating of Overweight. The firm also reduced its price target from $45 to $37.

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 $39.08 yesterday.

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Piper Jaffray