UPDATE: Pier 1 Imports (PIR) Tops Q1 EPS by 1c, Offers Guidance

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Pier 1 Imports (PIR) PT Lowered to $5 at Morgan Stanley Following 1Q

June 29, 2017 9:19 AM EDT

Morgan Stanley lowered its price target on Pier 1 Imports (NYSE: PIR) to $5.00 (from $5.50) while maintaining a Underweight rating following the company's 1Q report. For the quarter, PIR delivered EPS of ($0.04), a penny higher than expected on expense savings. Comps declined 0.2% as negative... More

Pier 1 Imports (PIR) PT Lowered to $10 at Loop Capital on Mixed 1Q Report 'Driven by Underperformance in One Product Category'

June 29, 2017 7:58 AM EDT

Loop Capital lowered its price target on Pier 1 Imports (NYSE: PIR) to $10.00 (from $12.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Anthony Chukumba notes the company delivered first quarter earnings per share above consensus estimates, while revenues fell below the... More

Pier 1 Imports (PIR) PT Lowered to $5.90 at Jefferies Following 1Q Report

June 29, 2017 7:52 AM EDT

Jefferies lowered its price target on Pier 1 Imports (NYSE: PIR) to $5.90 (from $7.25) while maintaining a Hold rating following the company's 1Q earnings report. EPS of ($0.04) beat the Street by $0.01 despite sales falling short of expectations, driven by weak outdoor performance.

Management provided weaker-than-expected... More

Pier 1 Imports (PIR) PT Lowered to $4 at Deutsche Bank on 1Q Report; 'Company Has Lost its Competitive Advantage'

June 29, 2017 6:46 AM EDT

Deutsche Bank lowered its price target on Pier 1 Imports (NYSE: PIR) to $4.00 (from $5.00) while maintaining a Sell rating, following the company's first quarter announcement.

Analyst Adam Sindler notes the company delivered first quarter earnings per share above consensus, while producing revenues below... More