TD Cowen analyst Max Rakhlenko raised the firm’s price target on Williams-Sonoma (WSM) to $195 from $165 and keeps a Buy rating on the shares. The firm said htey reported better than expected Q3 results and management once again proving their lower promotion strategy is working drove a strong reaction/squeeze.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WSM:
- Williams-Sonoma price target raised to $175 from $135 at Wedbush
- Williams-Sonoma price target raised to $180 from $145 at Loop Capital
- Williams-Sonoma price target raised to $185 from $155 at BofA
- Williams-Sonoma price target raised to $170 from $150 at Baird
- Williams-Sonoma price target raised to $165 from $140 at Wells Fargo