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Enter Symbol:
Rating: PIR

Pier 1 Imports, Inc. (NYSE: PIR) reiterated to Neutral by Credit Suisse

Friday,  Dec 11, 2015  10:25 AM ET by Dave Ficere

Credit Suisse reiterated Pier 1 Imports, Inc. (NYSE: PIR) to
Neutral. Previously Credit Suisse rated Neutral Pier 1 Imports, Inc. (NYSE: PIR) on 02/28/2014, when the stock price was $18.92.

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.

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