1424 ET - Williams-Sonoma's transition to a full-priced operating model is improving the durability of its margin profile, UBS analysts say in a research note. This is allowing the home-products retailer to have less market share pressure than UBS anticipated, the analysts say. Still, the company is giving guidance that the analysts see as realistic, taking into account margin pressure from tariffs, which should help rebase expectations. "Our view today is that risk-reward is now more balanced," the analysts add. UBS upgrades Williams-Sonoma to neutral from sell and raises its target price to $165 from $140. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 20, 2025 14:24 ET (18:24 GMT)
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