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Analysts at Wells Fargo downgraded Pier 1 Imports
PIR from Outperform to Market Perform.
Pier 1 Imports shares have declined 34.75% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period.
Pier 1 Imports' shares dipped 11.52% to $13.75 in pre-market trading.
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