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Enter Symbol:
 
Pier 1 Imports, Inc. (PIR) [hlAlert]

Rating:
Buy PIR
down 12.91 %

Pier 1 Imports, Inc. (PIR) rated Buy with price target $21 by Argus

Posted on: Friday,  Jun 20, 2014  12:00 AM ET by Argus

Argus rated Buy Pier 1 Imports, Inc. (NYSE: PIR) on 06/20/2014, when the stock price was $15.18. Since then, Pier 1
Imports, Inc. has lost 12.91% of its value until Argus rated PIR Hold on 09/18/2014, when the price was $13.22.
If you would have followed this Argus's recommendation on PIR, you would have lost 12.91% of your investment in 90 days.

Pier 1 Imports, Inc. consists of a chain of retail stores operating under the names `Pier 1 Imports` and `The Pier,` selling a wide variety of furniture, decorative home furnishings, dining and kitchen goods, accessories and other specialty items for the home. Additionally, the company, through certain subsidiaries, operates stores in the United Kingdom under the name `The Pier.` The company supplies merchandise and licenses the Pier 1 name to Sears Mexico and Sears Puerto Rico.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2014 8:25 AM Hold
None
13.22
as of 10/17/2014
1 Week   
1 Month down  -14.92 %
3 Months down  -14.04 %
1 YTD down  -42.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2014 12:00 AM Buy
None
15.18 21.00
7/17/2013 8:25 AM Buy
None
24.06 27.00
1/11/2012 8:25 AM Hold
None
15.13

(*) Stock Price at the time of the recommendation.
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