Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Cooking Good: BOA Lifts Williams Sonoma


Banc of America upgraded Williams Sonoma (WSM) to strong buy from market perform.

Analyst Shelly Hale upgraded her rating on the shares on the surprise appointment of Dale Hilpert as CEO. She says Hilpert is a proven leader with a reputation as strong, fiscally responsible operator. Hale expects him to concentrate his efforts on the company's two key assets: Pottery Barn and the Williams-Sonoma brands. Under Hilpert's wing, she says the company could achieve fiscal 2002 (Jan). EPS of $1.40 or more in the wake of a weak calendar 2001. In short, she says Hilpert, in her opinion, is exactly what Williams Sonoma needs.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus