Pier 1 Imports (PIR) Misses Q2 EPS by 4c; Refines Financial Model; Guides FY15 EPS

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Wells Fargo Downgrades Pier 1 Imports (PIR) to Market Perform

September 18, 2014 7:43 AM EDT

Wells Fargo downgraded Pier 1 Imports (NYSE: PIR) from Outperform to Market Perform with a price target of $15-$16 (from $19-$20). The change follows weak Q2 results and guidance. Analyst Matt Nemer thinks the company will have a difficult time "weaning" promotions.

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Barclays Downgrades Pier 1 Imports (PIR) to Equalweight

September 18, 2014 7:38 AM EDT

Barclays downgraded Pier 1 Imports (NYSE: PIR) from Overweight to Equalweight with a price target of $14.00 (from $18.00).

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 $15.54 yesterday.

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