Homefurnishing Retail

Analyst Brian Nagel at Oppenheimer (NYSE: OPY) has upgraded Pier 1 Imports, Inc. (NYSE: PIR) from a Perform to an Outperform rating. Oppenheimer has raised the price target for Pier 1 Imports, Inc. from $3.50 to $9. The new price target implies an upside potential of 60% from current levels....

Shares of specialty retailer Pier 1 Imports Inc. (NYSE: PIR) were upgraded by Oppenheimer today from Perform to Outperform and the price target was raised from $3.50 to $9. Pier 1 Imports is a Fort Worth, Texas based retailer specializing in imported home furnishings and decor. The chain operates...

Analyst Bradley B Thomas of KeyBanc Capital Markets maintains his "buy" rating on Select Comfort Corporation (NASDAQ: SCSS), while reducing his estimates for the company. The target price for SCSS is set to $9. According to KeyBanc Capital Markets, Select Comfort has reported its Q4 results ahead...

Bed, Bath and Beyond (NASDAQ: BBBY) is receiving a bullish call this afternoon. The retailer of domestic merchandise is seeing the March $39 calls bought on the offer, for $1.70, 5,800 times. This activity comes after the retailer gapped higher in mid January only to selloff and fill that gap. Now...

Stephens analyst David Burtzlaff reiterated his Overweight rating of Rent-A-Center Inc. (Nasdaq: RCII) shares after the company reported 4th quarter earnings well above forecasts. Rent-A-Center provided guidance of 55 cents to 61 cents earnings per share. Stephens forecast 58 cents and the Wall...

Select Comfort Corporation (NASDAQ: SCSS) created a new 52-week high at $7.46, before rising further to $7.55. Stifel Nicolaus initiated coverage of SCSS with a “buy” rating. Sirius XM Radio Inc (NASDAQ: SIRI) rose 5.68% to create a new 52-week high of $0.93. Wunderlich initiated coverage of SIRI...

Hologic Inc (NASDAQ: HOLX) shares gained 9.77% to $16.74. The volume of HOLX shares traded was 461% higher than normal. HOLX has reported strong quarterly results and given impressive guidance for FY10. Rent-A-Center Inc (NASDAQ: RCII) shares climbed 10.36% to $22.15. The volume of RCII shares...

Williams-Sonoma, Inc. (NYSE: WSM) reported a 7.4 percent rise in holiday revenue, prompting the home goods retailer to forecast fourth-quarter results above market estimates. According to Reuters, the operator of the Pottery Barn, West Elm and Williams-Sonoma chains has been helped by its decision...

Analysts at JP Morgan maintain their "neutral" rating on Williams-Sonoma Inc (NYSE: WSM). Williams-Sonoma has reported its Holiday comps marginally ahead of the estimates, indicating a strong rebound. WSM witnessed an improvement in sales trends across its brands, as well as in the direct channel,...

3D Systems Corporation (NASDAQ: TDSC) shares hit a new 52-week high of $12.06 before slipping slightly to $12.04, reflecting a 2.38% rise. TDSC has expanded its 3Dproparts(TM) service to Europe. ARM Holdings plc (NASDAQ: ARMH) shares gained 4.93% to $9.57, creating a new 52-week high. ARMH is...

InfoSpace Inc (NASDAQ: INSP) shares jumped by 22.22% to $11.64. The volume of INSP shares traded was 1717% higher than normal. INSP raised its revenue and pretax income guidance for Q4 on strong volumes from existing customers and newly launched accounts. Synchronoss Technologies Inc (NASDAQ: SNCR...

Pier 1 Imports Inc. (NYSE: PIR) reported today that the December sales at stores open at least a year rose 8.6% from the same period last year. Total sales for the 5 week period ending January 2, 2010 rose 5.6% to $218 million as against the sales of $207 million for the same period last year. The...

Barclays expects strong year for those health insurers that do a lot of business with Medicare. The analyst maintained a "Positive" view on the health insurance industry, saying investors will pay more attention to the state of their business this year and less to the details of the debate over...