Monness, Crespi, Hardt Upgrades The Children's Place (PLCE) to Buy

March 8, 2012 10:40 AM EST
Get Alerts PLCE Hot Sheet
Price: $2.49 +2.47%

Rating Summary:
    11 Buy, 13 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Monness, Crespi, Hardt's Jim Chartier upgraded shares of The Children's Place (NASDAQ: PLCE) from Neutral to Buy Thursday morning. The analyst set a new $60 price target on the stock.

The investment rating revision follows Q4 results and guidance from the retailer Wednesday morning.

Shares are bouncing this morning following a 3.5 percent decline Wednesday. The stock last traded at $50.99, up 0.8 percent for the session.

For an analyst ratings summary and ratings history on The Children's Place click here. For more ratings news on The Children's Place click here.


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