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March 4, 2013
07:45 EDTWSMWilliams-Sonoma shares do not fully reflect growth potential, says Canaccord
Canaccord believes Williams-Sonoma's dominant e-commerce business remains undervalued and notes the company can protect its position through greater product exclusivity and more effective marketing. The firm does not believe investors fully appreciate e-commerce growth potential and reiterates its Buy rating with a raised price target of $57, up from $55.
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