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Fly News Breaks for November 18, 2016
WSM
Nov 18, 2016 | 07:14 EDT
SunTrust analyst David Magee blames the slight downturn in Williams-Sonoma's stock following its results on its "slightly more cautious" Q4 guidance. The analyst advises investors to place more emphasis on what he sees as ithe "continued strength of (its) emerging drivers" and a possible upcoming positive turning point in its gross margins, as well as its "superior overall consistency." The analyst recommends buying the stock on weakness.
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