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In a report published on Monday, WedBush analyst Joan Storms raised the price target on Williams-Sonoma WSM from $47 to $50 and maintained a Neutral rating.
In the report, WedBush noted, "We continue to believe that Williams-Sonoma, one of the best-positioned retailers in home furnishings, will benefit from the housing recovery and we remain positive on its multi-distribution channel model."
Williams-Sonoma closed Friday at $54.96 and at the time of publication it traded up 0.59 percent.
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