Jefferies Remains Bullish on Williams-Sonoma Shares - Williams-Sonoma (NYSE:WSM)

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In a research report published earlier today, Jefferies believes it is a good idea to own Williams-Sonoma (NYSE: WSM) stock going into the 4Q print.According to Jefferies, “The shares are inexpensive at 14.8x forward consensus EPS, which is a little more than one turn above the hardline group average of 13.5x. We continue to believe a premium multiple is justified here by the company's strong top-line growth opportunities and very attractive market positioning in the DTC (direct-to-customer) business.”Jefferies maintains its Buy rating and $42 PT on Williams-Sonoma, which is currently trading at $37.97.

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