TD Cowen raised the firm’s price target on Williams-Sonoma to $200 from $185 and keeps an Outperform rating on the shares. The firm said investors expected a top line miss/EBIT margin beat and raise, but the margin magnitude was a positive surprise.
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Read More on WSM:
- Williams-Sonoma price target raised to $146 from $123 at Barclays
- Williams-Sonoma cuts FY23 revenue view to down 10%-12% from down 5%-10%
- Williams-Sonoma reports Q3 EPS $3.66, consensus $3.33
- Notable companies reporting before tomorrow’s open
- Is WSM a Buy, Before Earnings?
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