Children's Place (PLCE) Reports In-Line Q3 EPS

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The Children's Place (PLCE) PT Lowered to $135 at Wolfe Research; 'Near-Term Pain = Long-Term Gain'

December 6, 2018 1:17 PM EST

Wolfe Research analyst Adrienne Yih lowered the price target on The Children's Place (NASDAQ: PLCE) to $135.00 (from $169.00) while maintaining a Outperform rating.

Yih notes unforeseen digital growth is wreaking havoc on the supply chain. The growth is forcing the... More