By: Benzinga
UPDATE: Credit Suisse Initiates Williams-Sonoma at Neutral on Merchandising, Margin Weakness
Credit Suisse initiated coverage on Williams-Sonoma (NYSE: WSM ) with a Neutral rating and a $49.00 price target. Credit Suisse commented, "WSM from 20,000 feet represents what an investor should want in a retailer. 50% of sales should be e-commerce driven by 2015 and the company is a strong play
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