UPDATE: Monness Crespi Hardt Downgrades Children's Place Retail Stores on Caution Ahead of 3Q Results

In a report published Thursday, Monness Crespi Hardt analyst Jim Chartier downgraded the rating on Children's Place Retail Stores (NASDAQ: PLCE ) from Buy to Neutral. In the report, Monness Crespi Hardt noted, “Our checks indicate increased promotional activity and soft traffic in November to date despite comping against the