Williams-Sonoma, Inc. (WSM) Tops Q1 EPS by 4c; Comps Up 10%; Issues Light Q2 Outlook

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Williams-Sonoma (WSM) PT Lifted at SunTrust Robinson Humphrey on Strong Q1

May 22, 2014 8:07 AM EDT

SunTrust Robinson Humphrey analyst David Magee reiterated a Buy rating on Williams-Sonoma (NYSE: WSM) and raised his price target to $78.00 (from $68.00) following strong Q1 results.

Magee commented, "WSM posted 1Q EPS of $0.48, with a $0.04 upside driven primarily by better-than-expected sales, as comparable brand revenue... More