Jefferies Starts Williams-Sonoma (WSM) at Buy
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Price: $237.58 +0.80%
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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Jefferies initiates coverage on Williams-Sonoma (NYSE: WSM) with a Buy. PT $42.00.
The firm comments, "The composition of this earnings growth story has shifted from the early cycle recovery in discretionary spending to: 1) expansion of the West Elm brand; 2) increasing mix shift to the direct channel across all brands driving operating margins to new heights; and 3) long-term sales growth overseas."
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 $35.59 yesterday.
The firm comments, "The composition of this earnings growth story has shifted from the early cycle recovery in discretionary spending to: 1) expansion of the West Elm brand; 2) increasing mix shift to the direct channel across all brands driving operating margins to new heights; and 3) long-term sales growth overseas."
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 $35.59 yesterday.
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