UPDATE: Piper Jaffray Downgrades Coldwater Creek Following Company FQ2 Report

In a report published Wednesday, Piper Jaffray analyst Neely J.N. Tamminga downgraded the rating on Coldwater Creek (NASDAQ: CWTR ) from Overweight to Neutral, and lowered the price target from $9.00 to $5.00. In the report, Piper Jaffray noted, “We are moving to Neutral on CWTR shares following the company's