BB&T Capital Downgrades Williams-Sonoma (WSM) to Hold

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Deutsche Bank Upgrades Williams-Sonoma (WSM) to Buy on Merchandising Strength

September 5, 2012 6:54 AM EDT

Deutsche Bank upgraded Williams-Sonoma (NYSE: WSM) from Hold to Buy with a price target of $48.00 (from $38.00), on merchandising strength balanced with better analytics to drive consistent top line growth and improving margins.

The firm cited three factors: (1) consistently strong comps driven by several near... More