Oppenheimer Maintains an 'Outperform' on Williams-Sonoma (WSM); Positioned Well for Holiday 2011
Get Alerts WSM Hot Sheet
Price: $282.28 -0.1%
Rating Summary:
9 Buy, 27 Hold, 7 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
Rating Summary:
9 Buy, 27 Hold, 7 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jones Trading Starts Rezolute (RZLT) at Buy, 'an under-appreciated player in the rare disease space'
- Equity Bancshares (EQBK) PT Lowered to $35 at DA Davidson
- Wingstop (WING) PT Raised to $375 at Citi
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!