Piper Jaffray takes it rating on Guess (GES -1.9%) down to Neutral from Overweight to go along...

|About: Guess? Inc. (GES)|By:, SA News Editor

Piper Jaffray takes it rating on Guess (GES -1.9%) down to Neutral from Overweight to go along with its $4 price target cut to $29. Wall Street Strategies analyst Brian Sozzi calls the downgrade "odd," given current GES' current valuation and Piper's previous warm feelings for shares.