UBS Maintains Neutral on Children's Place, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Children's Place (NASDAQ:PLCE) but raises the price target from $12 to $18.
September 19, 2024 | 7:00 pm
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UBS analyst Jay Sole has maintained a Neutral rating on Children's Place but increased the price target from $12 to $18, indicating a more positive outlook on the stock's potential.
The increase in the price target from $12 to $18 suggests that UBS sees potential for growth in Children's Place stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong enough reason to recommend buying the stock, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100