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Fly News Breaks for January 16, 2018
WSM
Jan 16, 2018 | 05:09 EDT
Goldman Sachs analyst Matthew Fassler downgraded Williams-Sonoma to Neutral with a $61 price target. The analyst is concerned about the impact of tax reform on individuals given Williams-Sonoma's exposure to high-end housing. Further, he believes promotional pressure suggests ongoing pressure to margins.
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