Childrens Place (PLCE) Tops Q2 EPS by 11c; Guides Q3 EPS Above Views

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Topeka Capital Upgrades The Children's Place (PLCE) to Buy

August 23, 2013 7:30 AM EDT

Topeka Capital upgraded The Children's Place (NASDAQ: PLCE) from Hold to Buy with a price target of $63.00 (from $58.00). Analyst Dorothy S. Lakner noted strong performance despite difficulty among specialty retailers.

"In the midst of a retail rout for teens, PLCE... More