Goldman Sachs Targets 14% Upside for Williams-Sonoma Following Valuation Pullback
Williams-Sonoma shares gained 2% to $192 after Goldman Sachs upgraded the stock to Buy from Neutral. The upgrade follows a 12% pullback from the February 2026 high of $214.03, which reduced the forward P/E ratio to 21x. Goldman Sachs raised its price target to $218 from $185, implying roughly 14% upside from current levels. The firm views the valuation discount as a buying opportunity for a business with a strong portfolio of brands.
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