UBS raised the firm’s price target on Children’s Place (PLCE) to $7 from $6 and keeps a Neutral rating on the shares. The firm raised its FY25 sales outlook following The Children’s Place’s Q2 sales beat, though UBS expects the top-line will remain under pressure through FY25 due to the tough competitive environment for children’s apparel, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLCE:
- EchoStar sells spectrum licenses to SpaceX, StubHub to launch IPO: Morning Buzz
- The Children’s Place Reports Q2 2025 Results and Transformation Plans
- Children’s Place sees $20M-$25M in additional tariff, duty expenses for FY25
- Children’s Place reports Q2 adjusted EPS (15c) vs. 30c last year
- Children’s Place announces transformation initiative