Pier 1 Imports (PIR) Prelim. Q2 Loss Wider than Expected

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Go back to Pier 1 Imports (PIR) Prelim. Q2 Loss Wider than Expected

Jefferies Cuts Price Target on Pier 1 Imports (PIR) Following 2Q Pre-Announcement

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

Raymond James Downgrades Pier 1 Imports (PIR) to Market Perform

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.

... More

Credit Suisse Downgrades Pier 1 Imports (PIR) to Underperform

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