UBS Maintains Sell on Williams-Sonoma, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Atul Maheswari maintains a 'Sell' rating on Williams-Sonoma (NYSE:WSM) and raises the price target from $103 to $110.
August 24, 2023 | 2:20 pm
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UBS maintains a 'Sell' rating on Williams-Sonoma but raises the price target from $103 to $110.
The 'Sell' rating maintained by UBS indicates a negative outlook for Williams-Sonoma. However, the increase in price target from $103 to $110 suggests that the analyst sees some upside potential, albeit not enough to change the overall negative rating. This could lead to short-term downward pressure on the stock.
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IMPORTANCE 80
RELEVANCE 100