Wedbush lowered the firm’s price target on Williams-Sonoma (WSM) to $170 from $190 and keeps a Neutral rating on the shares. The firm notes the company reported Q4 results that beat consensus forecasts on the top and bottom lines, and it guided FY25 comparable sales slightly better than expected, but operating margin guidance disappointed primarily due to embedded tariff headwinds. Further, Williams-Sonoma’s top-line outlook does not appear conservative given waning consumer confidence and potential for a pullback in big ticket spending.
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Read More on WSM:
- Williams-Sonoma price target lowered to $201 from $224 at Goldman Sachs
- Williams-Sonoma price target raised to $168 from $153 at JPMorgan
- Williams-Sonoma price target lowered to $185 from $195 at Morgan Stanley
- Williams-Sonoma price target lowered to $170 from $195 at Wells Fargo
- Williams-Sonoma upgraded to Neutral from Sell at UBS
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