Telsey Advisory Group Maintains Outperform on Williams-Sonoma, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Williams-Sonoma (NYSE:WSM) and increased the price target from $170 to $198.
November 17, 2023 | 8:59 am
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Telsey Advisory Group has reaffirmed an Outperform rating on Williams-Sonoma and raised the price target from $170 to $198, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a strong confidence in Williams-Sonoma's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to analyst upgrades and higher price targets.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100