Williams-Sonoma Now A Buy, Vetr Crowd Says

Shares of Williams-Sonoma, Inc. WSM have lost 11 percent of their value since the beginning of the year. However, they have been recuperating after hitting a low on May 18 and are up 8.25 percent since then. The Vetr crowd seems to think the rebound will continue, as evidenced by its average price target of $57.61, which implies a potential return of roughly 10.5 percent from current valuations.

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Seeking to better reflect this upside potential, the community decided to upgrade its rating on shares of Williams-Sonoma on Tuesday, from 3.0 Stars (Hold) to 4.0 Stars (Buy) - out of a possible 5.0 Stars rating.

Moreover, it should be noted that 66 percent of the crowd's ratings are bullish, meaning that the crowd is just now turning optimistic about the stock.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.