Telsey Advisory analyst Cristina Fernandez raised the firm’s price target on Williams-Sonoma to $265 from $215 and keeps an Outperform rating on the shares ahead of the company reporting Q4 earnings on Wednesday, March 13 before the markets open. The firm expects Williams-Sonoma’s Q4 to “resemble” Q3 of FY23, with continued pressure on demand for furniture and good reception to the company’s holiday assortment, kitchen/food products and seasonal decor, the analyst tells investors in a preview note.
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