UBS lowered the firm’s price target on Children’s Place (PLCE) to $6 from $7 and keeps a Neutral rating on the shares following the “soft” Q1 print. UBS believes Children’s Place’s EPS will remain under pressure through fiscal 2025 amid the tough competitive environment for children’s apparel and tariffs, the analyst tells investors in a research note. The firm continues to see a balanced upside/downside skew.
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