Williams-Sonoma (WSM) Reports In-Line Q3 EPS, Slight Beat on Revenues; Raises FY1y Revenue Guidance
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Williams-Sonoma (WSM) PT Raised to $50 at Jefferies; Trading Marin for Top-Line
November 17, 2017 7:26 AM ESTJefferies raised its price target on Williams-Sonoma (NYSE: WSM) to $50.00 (from $49.00) while maintaining a Hold rating following results.
Analyst Daniel Binder said WSM is trading margin for top-line as it focuses on driving comp store sales.
Binder said higher shipping... More
Gordon Haskett Downgrades Williams-Sonoma (WSM) to Reduce Citing An Opaque Outlook on Margins
November 17, 2017 5:19 AM ESTGordon Haskett downgraded Williams-Sonoma (NYSE: WSM) from Hold to Reduce with a price target of $44.00.
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 $52.87 yesterday.
... MoreUPDATE: JPMorgan Double Downgrades Williams-Sonoma (WSM) to Underweight
November 17, 2017 5:17 AM EST(Updated - November 17, 2017 5:18 AM EST)
JPMorgan downgraded Williams-Sonoma (NYSE: WSM) from Overweight to Underweight with a price target of $46.00 (from $62.00).
Analyst Chris Horvers runs away from his bullish thesis noting operating margins investments are accelerating to drive sales which is "categorically... More
Williams-Sonoma (WSM) to Acquire Outward for $112M
November 16, 2017 4:17 PM ESTWilliams-Sonoma, Inc. (NYSE: WSM) and Outward, Inc. (Outward) announced today that they have entered into a definitive agreement under which Williams-Sonoma, Inc. (WSI) will acquire Outward, a leading 3-D imaging and augmented reality platform for the home furnishings and décor industry, for an all cash consideration of $112 million. This strategic acquisition will enable WSI to enhance and extend its high-touch customer service platform, and to develop technologies with Outward that further transform the shopping experience for home... More
