UPDATE: J.P. Morgan Raises PT on Children's Place on Improving Outlook
June 27, 2013 at 10:44 AM EDT
In a report published Thursday, J.P. Morgan analyst Brian J. Tunick reiterated a Neutral rating on Children's Place (NASDAQ: PLCE ), and raised the price target from $48.00 to $54.00. In the report, J.P. Morgan noted, “After several years of distractions (Disney, proxy fight), and a new CEO, the PLCE story