Citi analyst Kate McShane noted that Williams-Sonoma's earnings were in line with expectations though it cut its guidance for 2016 comparable brand revenue growth. The lowered view still falls within current consensus estimates, which, along with the stock's lower multiple compared to peers and high short interest in the name, leads McShane to contend that the guidance cut is unlikely to exert a lot of pressure on the stock. The analyst, who thinks these reset expectations are more appropriate given industry trends, keeps a Buy rating and $67 price target on Williams-Sonoma shares.