Oppenheimer Upgrades Pier 1 Imports To Outperform

Oppenheimer upgraded Pier 1 Imports, Inc. PIR from Market Perform to Outperform. The price target for Pier 1 Imports is set to $20. Pier 1 Imports shares have dropped 31.93% over the past 52 weeks, while the S&P 500 index has surged 11.93% in the same period. Pier 1 Imports' shares rose 4.40% to $14.00 in pre-market trading.