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Fly News Breaks for September 4, 2015
WSM
Sep 4, 2015 | 08:43 EDT
Oppenheimer says that Williams-Sonoma will continue to be hurt by higher labor and shipping costs, and to a lesser extent by "sales dislocations." However, the firm thinks that these issues are "largely transitory," and it expects sales in the company's namesake division to rebound during the holidays. The firm keeps a $90 price target and Outperform rating on the shares.
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