Wells Fargo raised the firm’s price target on Williams-Sonoma to $210 from $175 and keeps an Equal Weight rating on the shares. The firm leans optimistic into 2024. Lower rates justify a risk-on pivot, but it’s a delicate balance with first half of the year Street estimates too high and Hardlines up 17% since November 1.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WSM:
- Williams-Sonoma price target raised to $198 from $170 at Telsey Advisory
- Williams-Sonoma price target raised to $175 from $160 at Evercore ISI
- Williams-Sonoma price target raised to $175 from $150 at Wedbush
- Williams-Sonoma price target raised to $200 from $185 at TD Cowen
- Williams-Sonoma price target raised to $165 from $150 at RBC Capital
