Credit Suisse analyst S. Sigman reiterated a Neutral rating and lowered its price target on Williams-Sonoma (NYSE: WSM) to $70.00 (from $80.00) following in-line Q4 results but lower guidance.

Sigman commented, "WSM delivered a relatively in line Q3 (after adj for a lower tax rate), but had weaker gross margins, and guided Q4 below the Street (though also tax related) which may pressure the stock."

Estimates were lowered accordingly.

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 $66.21 yesterday.

Analyst Comments Analyst EPS Change Analyst EPS View Analyst PT Change

Williams-Sonoma's (WSM) 3Q Beat Driven by Lower Tax Rate and Higher International Sales; Jefferies Reiterates Hold November 20, 2015 10:03 AM UPDATE: Goldman Sachs Removes Williams-Sonoma (WSM) from Conviction Buy ListNovember 20, 2015 9:46 AM Williams-Sonoma (WSM) Earnings, Nice EPS Beat But Margin Pressure Bigger Issue, Piper Jaffray Says; PT to $72November 20, 2015 7:52 AM Williams-Sonoma (WSM) Tops Q3 EPS by 4c; Issue Mixed OutlookNovember 19, 2015 4:20 PM Williams-Sonoma, Inc. announces third quarter 2015 results Net revenues grow 7.8% with operating margin of 9.0% Diluted EPS increases 13.2% to $0.77 Reiterates full year guidanceNovember 19, 2015 4:15 PM