Pier 1 Imports, Inc. Reports Preliminary Second Quarter Fiscal 2017 Sales and Earnings Per Share
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September 8, 2016 7:53 AM EDT
Jefferies maintained a Hold rating on Pier 1 Imports (NYSE: PIR), and cut the price target to $4.25 (from $5.25), following the company's 2Q pre-announcement. Management pre-announced a Q2 comp and EPS miss, now expecting same store sales to be down 4.3% compared to the Street... More
September 8, 2016 6:46 AM EDT
Raymond James downgraded Pier 1 Imports (NYSE: PIR) from Strong Buy to Market Perform and removed its price target (prior $8.00).
For an analyst ratings summary and ratings history on Pier 1 Imports click here. For more ratings news on Pier 1 Imports click here.
Shares of Pier 1 Imports closed at $4.80 yesterday.
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September 8, 2016 6:44 AM EDT
Credit Suisse downgraded Pier 1 Imports (NYSE: PIR) from Neutral to Underperform with a price target of $4.00 (from $4.50).
Analyst Seth Sigman commented, "We are lowering our rating from Neutral to Underperform based on PIR's weaker Q2 sales results, its continued underperformance relative to the... More
