Buckingham Research Downgrades Williams-Sonoma (WSM) to Neutral

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Wedbush Downgrades Williams-Sonoma (WSM) to Neutral

January 11, 2016 7:44 AM EST

Wedbush downgraded Williams-Sonoma (NYSE: WSM) from Outperform to Neutral with a price target of $54.00 (from $70.00) citing a paradigm shift weighing on the company.

Analyst commented, "While we had been cautious on the name last fall due to near-term pressures, we now anticipate that pressures on WSM will persist,... More