BofA Securities Reinstates Williams-Sonoma (WSM) at Underperform; 'West Elm trees don't grow to the sky'

September 17, 2021 8:38 AM EDT
Get Alerts WSM Hot Sheet
Price: $185.29 --0%

Rating Summary:
    11 Buy, 24 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 6 | Down: 16 | New: 32
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BofA Securities analyst Jason Haas reinstates coverage on Williams-Sonoma (NYSE: WSM) with an Underperform rating and a price target of $142.00.

  • Early signs show furniture spend has begun to moderate
  • Margins could be pressured if promotions return
  • Delta & housing are upside risks, but both are peaking

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 $188.29 yesterday.

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