Childrens Place (PLCE) Tops Q4 EPS by 11c; Issues Light Q1, FY13 Outlook

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Goldman Sachs Maintains Sell on The Children's Place (PLCE)

March 27, 2013 12:56 PM EDT

Goldman Sachs maintained a Sell rating on The Children's Place (NASDAQ: PLCE) and lowered its price target to $39.00 (from $40.00). The company reported Q4 results yesterday.

Commenting on developments, analyst Taposh Bari said, "The weak start to the quarter reinforces our belief that PLCE is... More