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TD Cowen Reaffirms Their Buy Rating on Williams-Sonoma (WSM)

Tipranks - Tipranks - Fri May 22, 11:08PM CDT

In a report released yesterday, Max Rakhlenko from TD Cowen reiterated a Buy rating on Williams-Sonoma, with a price target of $225.00.

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According to TipRanks, Rakhlenko is a 3-star analyst with an average return of 1.0% and a 46.72% success rate. Rakhlenko covers the Consumer Cyclical sector, focusing on stocks such as Planet Fitness, Advance Auto Parts, and AutoZone.

In addition to TD Cowen, Williams-Sonoma also received a Buy from Telsey Advisory’s Joe Feldman in a report issued on May 20. However, on May 14, Wells Fargo maintained a Hold rating on Williams-Sonoma (NYSE: WSM).

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Based on Williams-Sonoma’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $2.36 billion and a net profit of $368.02 million. In comparison, last year the company earned a revenue of $2.46 billion and had a net profit of $384.89 million

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