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Guggenheim Remains a Hold on Williams-Sonoma (WSM)
In a report released yesterday, from Guggenheim reiterated a Hold rating on Williams-Sonoma. The company’s shares closed yesterday at $198.38.
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Williams-Sonoma has an analyst consensus of Moderate Buy, with a price target consensus of $208.71, which is a 5.21% upside from current levels. In a report released on May 22, Barclays also maintained a Hold rating on the stock with a $190.00 price target.
Based on Williams-Sonoma’s latest earnings release for the quarter ending May 3, the company reported a quarterly revenue of $1.81 billion and a net profit of $231.36 million. In comparison, last year the company earned a revenue of $1.73 billion and had a net profit of $231.26 million
Read More on WSM:
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- Williams-Sonoma price target raised to $225 from $220 at Telsey Advisory
- Williams-Sonoma price target raised to $210 from $200 at Morgan Stanley
- Williams-Sonoma price target raised to $192 from $191 at RBC Capital
- Williams-Sonoma price target raised to $190 from $185 at Wells Fargo
- Williams-Sonoma: Strong Execution and Growth Initiatives Offset by Macro Risks and Rich Valuation as Price Target Raised to $190
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