Wolfe Research Starts The Children's Place (PLCE) at Outperform

Wolfe Research initiates coverage on The Children's Place (NASDAQ: PLCE) with a Outperform rating and a price target of $67.00.

Analyst Adrienne Yih Tennant commented, "YTD, PLCE has outperformed the market (+4% vs the S&P 500 +1%) we highlight: 1) sustainable positive comps; 2) inventory & SGA discipline; and 3) potential upside EPS revisions supported by buyback."

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.

Shares of The Children's Place closed at $59.59 yesterday.

You May Also Be Interested In

• Barclays Starts SK Hynix (SKHY) at Overweight
• IBM (IBM) PT Raised to $350 at Oppenheimer
• Trex (TREX) PT Raised to $60; Truist: 'We expect the stock to move up notably on this result'