Pier One Climbs As Barclays Sees 25%+ Upside
April 15, 2014 at 13:11 PM EDT
Pier One Imports (PIR) was jumping 3% Tuesday after an upgrade from Barclays. Analysts Alan Rifkin and Sam Reid upgraded the stock to Overweight from Equal Weight, and boosted their target price by $4, to $23, writing that the stock has suffered “perfect storm” of one-time operational headwinds that has masked its potential long-term performance. [...]
