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Enter Symbol:
Rating: PIR
Sell $3.50

Pier 1 Imports, Inc. (NYSE: PIR) downgraded to Sell with price target $3.50 by Deutsche Bank

Thursday,  Dec 17, 2015  1:25 PM ET by Lynn Gilbert

Deutsche Bank downgraded Pier 1 Imports, Inc. (NYSE: PIR) to Sell with price target
$3.50. Previously, Deutsche Bank rated Pier 1 Imports, Inc. (NYSE: PIR) to Hold with price target $8 on 09/25/2015, when the stock price was valued at $7.27.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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