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Wealth host Brad Smith tracks several of this morning's top trending stock tickers, including Williams-Sonoma's (WSM) outlook, Tesla's (TSLA) upgrade by Cantor Fitzgerald analysts, and JPMorgan initiating coverage on Etsy (ETSY).
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Now time for some of today's trending tickers. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finance's Trending Tickers page. First up, William Sonoma, falling after earnings. The retailer missing on its full-year outlook and operating margins, that miss overshadowing a top and bottom line beaten the fourth quarter, comp sales rising 3.1%. The estimate was for a decline of 1.5%. The company does see full-year net revenue in the range of negative 1.5% to positive 1.5%. And the retailer boosting its quarterly dividend to 66 cents a share from 57 cents a share. Next, Tesla, getting an upgrade to overweight at Cantor Fitzgerald. The analyst maintaining a price target of $425 a share. That's an 80% 89% upside from the stock's last close. And the stock is down around 40% this year. Cantor Fitzgerald says that makes an attractive entry point for investors due to upcoming catalysts like autonomous taxi services. And finally, Etsy was initiated with a neutral rating at JP Morgan. The price target set to $50 a share, implying 12% upside from the stock's last close. The analyst says Etsy is facing macro headwinds and competition, and the firm is looking for more favorable macro and consistent execution to drive improved performance.
