In a report published by Morgan Stanley, analyst David Gober reiterated his Overweight rating and $54 price target on Williams Sonoma WSM.
Morgan Stanley reported that, “We remain Overweight WSM shares and believe
momentum will build throughout 2013 as
investments from the past two years begin to pay
dividends in significantly higher growth. Still, this
is not a call on 4Q12 or '13 guidance, which we do
not see as upside (or downside) catalysts.”
Shares of Williams-Sonoma closed at $45.65 on Tuesday.
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