Canaccord Genuity Raises Price Target, Estimates on Williams-Sonoma (WSM)

Canaccord Genuity Raises Price Target, Estimates on Williams-Sonoma (WSM)

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To reflect the recent expansion of its e-commerce business, Canaccord Genuity analysts raised the price target and earnings estimates on home products retailer Williams-Sonoma, Inc. (WSM) on Thursday.

The analysts now see shares of WSM reaching $62, suggesting a 15% upside to Wednesday’s closing price of $54.00.

Williams Sonoma shares were up 31 cents, or +0.57%, during Thursday morning trading. The stock is up +24.01% year-to-date.

The Bottom Line
Shares of Williams Sonoma (WSM) have a dividend yield of 2.29% based on Thursday’s intraday trading price of $54.11 and the company’s annualized dividend payout of $1.24 per share.

Williams-Sonoma, Inc. (WSM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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