Royal Bank Of Canada Sticks to 'Outperform' Rating for Williams-Sonoma

Williams-Sonoma's stock price has risen after Royal Bank Of Canada reaffirmed its 'outperform' rating on the company.

The analysts at Royal Bank Of Canada have set a $260.00 target price on Williams-Sonoma, indicating a potential upside of 6.37% from the current price.

Williams-Sonoma reported better-than-expected quarterly earnings last week, with adjusted EPS of $2.10 versus the $2.08 consensus and revenue of $1.96 billion versus estimates of $1.93 billion.

The company's revenue increased 6.7% year over year, while GAAP diluted EPS rose 42% to $2.84.