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

Rating:
Neutral PIR
down 90.77 %

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

Posted on: Wednesday,  Jan 21, 2009  1:25 PM ET by DA Davidson

DA Davidson rated Neutral Pier 1 Imports, Inc. (NYSE: PIR) on 01/21/2009. Previously DA Davidson rated Buy Pier 1 Imports, Inc. (NYSE: PIR)
on 06/25/2008., when the stock price was $4.66. Since then, Pier 1 Imports, Inc. has lost 90.77% as of 01/21/2009's recent price of $0.43.
If you would have followed the previous DA Davidson's recommendation on PIR, you would have lost 90.77% of your investment in 210 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.

By offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services, Davidson Companies has grown to become one of the nation’s leading regional financial services holding companies. Headquartered in Montana, the company has a reach that stretches across 16 states – and we continue to grow. More importantly, we continue to expand the variety and quality of products and services we provide our clients. We work to find more ways to bring you the best in integrated financial services. That’s our commitment to you. The Davidson Companies family includes: * D.A. Davidson & Co., the largest full-service investment firm based in the Northwest and a leader in investment banking and company research for the region; * Davidson Investment Advisors, a professional money management firm; * Davidson Trust Co., a wealth management and trust firm; * Davidson Fixed Income Management, a registered investment adviser providing fixed income services; * and Davidson Travel, a full-service travel agency. Welcome to Davidson Companies, offering excellence in financial services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2009 1:25 PM Hold
None
0.43
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  16.21 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2008 11:25 AM Buy
None
4.66 5.50

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