- Maxim Group analyst Rick Snyder reiterates a Buy rating and $62 price target on The Children's Place (NASDAQ:PLCE).
- "We continue to believe that operational improvements and nontraditional revenue sources will result in margin expansion," Snyder said. "PLCE Q3 results did nothing to change our view that operational improvements, merchandise mix, store rationalization, wholesale, and international revenue streams will likely expand margins and earnings."
- Snyder also noted outlet margins are on schedule to reach parity with full-line stores by year-end 2014.
Children's Place bullish thesis intact post Q3: Maxim
Recommended For You
More Trending News
About PLCE Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
PLCE | - | - |
The Children's Place, Inc. |