Wednesday, October 20, 2010

Williams-Sonoma Looks A Little Pricey

Citigroup downgraded shares of Williams-Sonoma to hold from buy Tuesday, citing valution. The organisation believes majority of the great headlines per higher margins has been factored in to the stream share price. With the downgrade, Citi confirmed the cost aim of $29 per share. In sunrise trading, shares of Williams-Sonoma ( WSM - news - people ) were falling, off a small some-more than 2%.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/03/23/downgrades-williams-sonoma-markets-equities-marketnewsvideo.html?partner=yahoobuzzCredit Suisse revised the estimates on shares of Annaly Capital Management ( NLY - news - people ) following the rebate of the quarterly dividend. The organisation lowered the 2010 EPS estimates to $2.75 per share, but confirmed the outperform rating and $19 cost target.Shares of Annaly were trade lower, off about 2.6% so far.Market News Video produces and distributes online videos about bonds and investing.
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