Telsey Advisory Group Maintains Market Perform on Children's Place, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a Market Perform rating on Children's Place (NASDAQ:PLCE) but has lowered the price target from $31 to $24.
November 17, 2023 | 10:39 am
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Telsey Advisory Group has lowered the price target for Children's Place from $31 to $24 while maintaining a Market Perform rating.
A lowered price target typically indicates a bearish view on the stock's value and can lead to negative investor sentiment in the short term, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100