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Jefferies Sticks to Its Buy Rating for Williams-Sonoma (WSM)

Jefferies analyst Jonathan Matuszewski maintained a Buy rating on Williams-Sonoma (WSMResearch Report) today and set a price target of $194.00. The company’s shares closed yesterday at $177.85.

According to TipRanks, Matuszewski is a 4-star analyst with an average return of 6.5% and a 54.27% success rate. Matuszewski covers the Consumer Cyclical sector, focusing on stocks such as Williams-Sonoma, Best Buy Co, and Arhaus.

In addition to Jefferies, Williams-Sonoma also received a Buy from Telsey Advisory’s Cristina Fernandez in a report issued on November 21. However, on November 22, Morgan Stanley maintained a Hold rating on Williams-Sonoma (NYSE: WSM).

The company has a one-year high of $181.42 and a one-year low of $90.87. Currently, Williams-Sonoma has an average volume of 1.88M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WSM in relation to earlier this year. Most recently, in August 2024, Karalyn Smith, the EVP CHIEF TALENT OFFICER of WSM sold 11,100.00 shares for a total of $1,494,726.00.

TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.

Williams-Sonoma (WSM) Company Description:

Williams-Sonoma, Inc. engages in the business of retailing home products. It operates through the E-commerce and Retail segment. The E-commerce segment comprises of the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham, which markets its products through its e-commerce websites, and direct-mail catalogs. The Retail segment includes franchise operations, which sell its products through its retail stores. The company was founded by Charles E. Williams on September 15, 1956 and is headquartered in San Francisco, CA.

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