Piper Jaffray piles on to Wet Seal (WTSLA -8.5%) today, downgrading the shares to Neutral on the...

|About: The Wet Seal, Inc. (WTSL)|By:, SA News Editor

Piper Jaffray piles on to Wet Seal (WTSLA -8.5%) today, downgrading the shares to Neutral on the back of the retailer's Q4 results miss. The firm alsos lowers its price target to $3.50 from $4.