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Fly News Breaks for January 27, 2016
PIR
Jan 27, 2016 | 05:48 EDT
KeyBanc analyst Bradley Thomas downgraded Pier 1 Imports to Sector Weight after his firm's work on housing showed growth has slowed. The analyst says the home furnishings sector is growing increasingly competitive. He is taking a more cautious view on Hardline retailers whose growth is predicated primarily on same-store sales.
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