Piper Jaffray Downgrades Williams-Sonoma To Neutral

Analysts at Piper Jaffray downgraded Williams-Sonoma Inc. WSM from Overweight to Neutral. The price target for Williams-Sonoma is set to $84. Williams-Sonoma shares have jumped 49.61% over the past 52 weeks, while the S&P 500 index has surged 14.85% in the same period. Williams-Sonoma's shares fell 0.50% to close at $81.70 yesterday.