Goldman Sachs Raises PT and Estimates on Williams-Sonoma (WSM); Story Back on Track
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Price: $236.49 +0.34%
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs maintains a 'Buy' on Williams-Sonoma (NYSE: WSM) price target of $46.00 (from $42.00).
Analyst, Matthew J. Fassler, said, "WSM’s 1Q results confirmed that the profit growth story is back on track, with 4Q11 having marked a trough for margin and earnings trends. Most notably, the company is on its way to stemming declines at the namesake Williams-Sonoma brand, its most vulnerable property, and appears to be in control of cost creep on its most challenging line item, shipping. Meanwhile, share gains continue at PB and West Elm."
2012 goes to $2.57 from $2.54, 2013 goes to $2.88 from $2.87, and 2014 goes to $3.26 from $3.24.
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 $38.23 yesterday.
Analyst, Matthew J. Fassler, said, "WSM’s 1Q results confirmed that the profit growth story is back on track, with 4Q11 having marked a trough for margin and earnings trends. Most notably, the company is on its way to stemming declines at the namesake Williams-Sonoma brand, its most vulnerable property, and appears to be in control of cost creep on its most challenging line item, shipping. Meanwhile, share gains continue at PB and West Elm."
2012 goes to $2.57 from $2.54, 2013 goes to $2.88 from $2.87, and 2014 goes to $3.26 from $3.24.
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 $38.23 yesterday.
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