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Williams-Sonoma Bears Underestimate Ability To ‘Maintain Profitability Levels,’ Analyst Says

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Williams-Sonoma, Inc’s (NYSE: WSM) CEO Laura Alber has recently sold around $4 million worth of her shares.

The company’s ability to maintain the current profitability levels is already reflected in the share price, according to Loop Capital.

The Williams-Sonoma Analyst: Anthony Chukumba downgraded the rating for Williams-Sonoma from Buy to Hold, while raising the price target from $200 to $220.

The Williams-Sonoma Thesis: The stock has gained around 18% year to date, versus an 8% rise in the S&P 500, Chukumba said …

Full story available on Benzinga.com

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