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Williams-Sonoma, Inc. (WSM) Tops Q4 EPS by 5c; Comps Up 4%; Guides Q1

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Deutsche Bank Downgrades Williams-Sonoma (WSM) to Hold on Valuation

March 21, 2013 6:58 AM EDT

Deutsche Bank downgraded Williams-Sonoma (NYSE: WSM) from Buy to Hold with a price citing valuation after hitting their $49 price target on solid Q4 results and outlook.

"We are downgrading on valuation with neutral upside / downside risk as 2013 is poised to be an... More