Williams-Sonoma climbs after ‘Buy’ call on market rebound
Williams-Sonoma shares rose after Gordon Haskett upgraded the stock to 'Buy' from 'Hold', citing improving demand in the high-end furniture segment. The firm expects modest Q2 sales gains to mark the start of a multi-year expansion cycle. WSM has gained for six straight sessions, with retail sentiment turning bullish despite being down 1% year-to-date.
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