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Wedbush downgraded
Pier 1 Imports IncPIR from Outperform to Neutral.
The price target for Pier 1 Imports has been lowered from $16.00 to $12.00.
Pier 1 Imports shares have dropped 27.16 percent over the past 52 weeks, while the S&P 500 index has surged 9.48 percent in the same period.
Pier 1 Imports' shares fell 0.04 percent to close at $12.70 on Friday.
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