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

Neutral PIR
down 94.26 %

Pier 1 Imports, Inc. (PIR) downgraded to Neutral by UBS

Posted on: Tuesday,  Nov 25, 2008  8:25 AM ET by UBS

UBS rated Neutral Pier 1 Imports, Inc. (NYSE: PIR) on 11/25/2008. Previously UBS rated Buy Pier 1 Imports, Inc. (NYSE: PIR) on
06/25/2007., when the stock price was $8.89. Since then, Pier 1 Imports, Inc. has lost 94.26% as of 11/25/2008's recent price of $0.51.
If you would have followed the previous UBS's recommendation on PIR, you would have lost 94.26% of your investment in 519 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/25/2008 8:25 AM Hold
as of 12/24/2008
1 Week up  11.17 %
1 Month up  235.14 %
3 Months up  298.08 %
1 YTD up  180.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2007 9:25 AM Buy

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