Telsey Advisory Group Maintains Market Perform on Children's Place, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating on Children's Place (NASDAQ:PLCE) and lowers the price target from $44 to $30.
May 22, 2023 | 9:26 am
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Telsey Advisory Group maintains a Market Perform rating on Children's Place and lowers the price target from $44 to $30.
The lowered price target from $44 to $30 by Telsey Advisory Group indicates a bearish outlook on Children's Place stock. This news is directly related to PLCE and is important for investors as it reflects the analyst's view on the company's future performance. The negative impact on the stock price is likely in the short term due to the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100