Williams-Sonoma (WSM) August weekly option IV near 100 into quarter results and outlook

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Go back to Williams-Sonoma (WSM) August weekly option IV near 100 into quarter results and outlook

Bank of America upgrades William-Sonoma (WSM) on better-than-expected 2Q

August 24, 2023 10:38 AM EDT

Bank of America upgraded Williams-Sonoma (NYSE: WSM) to a Neutral rating (From Underperform) and raised their 12-month price target to $146.00 (From $108.00) following the retail companys better-than-expected 2Q results.

WSM reported 2Q comps fell (11.9)%, coming in behind estimates of (8.5)%. However, the company surprised with stronger-than-anticipated... More