UPDATE: Piper Jaffray Upgrades Children's Place, Notes 'Compelling Pathway' Of Improvements
February 13, 2014 at 15:52 PM EST
In a report published Thursday, Piper Jaffray analyst Stephanie Wissink upgraded The Children's Place (NASDAQ: PLCE ) from Neutral to Overweight and raised the price target from $54.00 to $62.00. Wissink reviewed the key drivers of The Children's Place operating margin target. The analyst commented "We see an increasingly compelling