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Jefferies Sticks to Its Buy Rating for Williams-Sonoma (WSM)

Tipranks - Tipranks - Thu Jun 18, 8:46AM CDT

In a report released today, Jonathan Matuszewski from Jefferies reiterated a Buy rating on Williams-Sonoma, with a price target of $260.00.

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Matuszewski covers the Consumer Cyclical sector, focusing on stocks such as Lowe’s, Best Buy Co, and Williams-Sonoma. According to TipRanks, Matuszewski has an average return of 7.2% and a 53.59% success rate on recommended stocks.

Currently, the analyst consensus on Williams-Sonoma is a Moderate Buy with an average price target of $214.69.

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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

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