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Rating Summary:
14 Buy, 12 Hold, 0 Sell
Rating Trend: Up
Today’s Overall Ratings:
Goldman Sachs downgraded Williams-Sonoma (NYSE: WSM) from Buy to Neutral with a price target of $51.00.
The firm sees gross profit growth cresting in 2H2012 as the firm cycles depressed year-ago margins. They expect modest multiple contraction and see only 8% upside to their $51 price target.
NOTE: This is the second downgrade today.
For an analyst ratings summary and ratings history on Williams-Sonoma click here. For more ratings news on Williams-Sonoma click here.
Shares of Williams-Sonoma closed at $47.13 yesterday, with a 52 week range of $32.67-$48.07.
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