Williams-Sonoma

Recent data suggest that the holiday selling season proved very solid for the leading home furnishing chains, Oppenheimer reports. “We believe that continued strong, if not improving, demand trends together with still easing competitive pressures likely fueled above-plan sales at Pier 1 Imports,...

Goldman Sachs is making changes to the price targets of the following companies: Lowe's (NYSE: LOW) goes to $27 from $26; currently trades at $23.75. OfficeMax (NYSE: OMX) goes to $20 from $19; currently trades at $17.90. PetSmart (NASDAQ: PETM) goes to $42 from $41; currently trades at $38.51....

Goldman Sachs has raised its price target on Williams-Sonoma (NYSE: WSM) from $33 to $36 on higher estimates after strong 3Q2010 results. EPS of $0.35 beat GS's estimate of $0.31 and the $0.26-$0.30 guided range. GS writes, "Our price target is based on risk/reward (relative P/E) and DCF, and...

Oppenheimer has published a research report on Williams-Sonoma (NYSE: WSM) after the company reported 3Q results that showed strong sales momentum. In the report, Oppenheimer writes "We have for some time recommended WSM as one of the most compelling investment opportunities in hardlines retail....

Sterne Agee has raised estimates on Williams-Sonoma (NYSE: WSM) after a strong 3Q. In a note to clients, Sterne Agee writes, "WSM reported another strong quarter overall, with Q3 EPS of $0.35 (vs. $0.16 LY) well above our estimate of $0.29, FC of $0.31 and guidance of $0.26-$0.30. Based on the...

Wells Fargo said that that its 3Q estimates on shares of Williams-Sonoma, Inc. (NYSE: WSM). “Our 3Q EPS estimate increases from $0.32 to $0.34, our FY10 estimate goes from $1.79 to $1.86 and our FY11 estimate goes from $2.11 to $2.31,” Wells Fargo writes. “Our valuation range increases from $32-$34...

Oppenheimer has raised the price target on Williams-Sonoma (NYSE: WSM) from $40 to $42 and reiterates its Outperform rating.

Oppenheimer has issued a research report on Williams-Sonoma (NYSE: WSM) as Oppenheimer finds WSM to be one of the most attractive names in hardlines retail. In the report, Oppenheimer writes "Recent data suggest that sales trends at WSM have continued to accelerate over the past several weeks...

Piper Jaffray says that it is increasingly confident in its thesis that high-end retailers will outperform those catering to a moderate-income customer. “Based on our proprietary analysis, wages for highest quintile increased 4.0% y/y in September –representing an acceleration of 20 bps from...