Williams-Sonoma downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded Williams-Sonoma citing valuation following the post-Q4 earnings share rally. The firm keeps a $49 price target for shares.
Piper cuts Williams-Sonoma on promotions, port situation Piper Jaffray downgraded Williams-Sonoma to Neutral from Overweight saying promotional activity has picked up in the current quarter while furniture delivery delays may arise from the West Coast ports situation. Piper keeps an $84 price target on the home products retailer. Shares closed yesterday down 41c to $81.70.