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Williams-Sonoma: Bank of America raises price target to $261

WSM: Bank of America raised its Williams-Sonoma price target to $261 from $250 and kept a buy, with analysts pointing to potential upside to comp guidance; earnings are out Wednesday morning, per Cramer.

WSM

WSM Bank of America raised its Williams-Sonoma price target to $261 from $250.

Analysts see potential upside to the retailer's comp guidance due to industry spending trends.

They kept their buy.

I have respect for what CEO Laura Alber has built there.

Earnings are out Wednesday morning. - per Cramer Investing Club Newsletter