UPDATE: Pier 1 Imports (PIR) Tops Q2 EPS by 1c, Comps Increase 1.6%; FY EPS Guidance Comes in Light
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Pier 1 Imports (PIR) PT Lowered to $3.50 at UBS Following 2Q Release
September 28, 2017 8:55 AM EDTUBS lowered its price target on Pier 1 Imports (NYSE: PIR) to $3.50 (from $4.00) while maintaining a Sell rating following the company's 2Q. PIR reported EPS of -$0.05 compared to the consensus estimate of -$0.06. 2Q comps of 1.8% came in ahead of the consensus of... More
Pier 1 Imports (PIR) PT Lowered to $4.60 at Morgan Stanley Following 2Q Report
September 28, 2017 8:38 AM EDTMorgan Stanley lowered its price target on Pier 1 Imports (NYSE: PIR) to $4.60 (from $5.00) while maintaining a Underweight rating following the company's 2Q release. Store sales declined ~5% while digital comp contribution was +7%. The 12% digital comp outperformance relative to store comps is an acceleration... More
