WEST ELM OPENS FIRST STORE IN RHODE ISLAND

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Morgan Stanley Remains Equalweight on Williams-Sonoma (WSM) Following 2Q

August 25, 2016 11:50 AM EDT

Morgan Stanley maintained an Equalweight rating on Williams-Sonoma (NYSE: WSM), and cut the price target to $54.00 (from $55.00), following the company's 2Q earnings report. EPS of $0.58 was inline on lower SG&A, resulting from cost cuts enacted at the end of 2015. Comparable brand growth was... More