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 downgraded to Hold from Buy at Maxim As previously reported, Maxim downgraded Children's Place to Hold from Buy. The firm has lowered estimates and tempered gross margin expectations given FX impact, unfavorable weather, and likely apparel deflation. Price target lowered to $51 from $60.