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

Rating:
Neutral PIR

Pier 1 Imports, Inc. (PIR) rated Neutral by Credit Suisse

Posted on: Friday,  Dec 11, 2015  10:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Pier 1 Imports, Inc. (NYSE: PIR) on 12/11/2015. Previously Credit Suisse rated Outperform Pier 1 Imports, Inc. (NYSE: PIR)
on 09/20/2013., when the stock price was $20.81. Since then, Pier 1 Imports, Inc. has lost 9.08% as of 02/28/2014's recent price of $18.92.
If you would have followed the previous Credit Suisse's recommendation on PIR, you would have lost 9.08% of your investment in 161 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2015 10:25 AM Hold
None
6.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -18.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2014 9:25 AM Hold
None
18.92
9/20/2013 8:25 AM Buy
None
20.81

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