Morgan Stanley downgrades Williams-Sonoma, says stock could fall another 18% as demand for home furnishings weakens
Expect more downside ahead for Williams-Sonoma 's stock as demand for home furnishings weakens in a difficult macro environment, according to Morgan Stanley. Analyst Simeon Gutman downgraded the stock to underweight from equal weight in a note to clients Monday. The analyst also slashed his price…
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