Children's Place downgraded at Janney Capital As previously reported, Janney downgraded Children's Place to Neutral from Buy. The firm's downgrade is due to pressures on the low-en consumer, aggressive competitor discounting and promotional activities, and delayed Spring purchases due to cold weaker. Price target is $49.
Children's Place price target raised to $70 from $60 at FBR Capital FBR Capital raised its price target for Children's Place shares to $70 citing increased confidence in the company's systems transformation and fundamental improvement initiatives after meeting with management. FBR reiterates an Outperform rating on the stock.