Williams-Sonoma (WSM) reports mixed results, cuts full-year sales outlook; Shares still gain
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Bank of America upgrades William-Sonoma (WSM) on better-than-expected 2Q
August 24, 2023 10:38 AM EDTBank 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
