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Fly News Breaks for May 4, 2016
PLCE
May 4, 2016 | 05:48 EDT
Oppenheimer analyst Anna Andreeva downgraded Children's Place to Perform saying the current valuation "leaves little room for error." The analyst notes that the retailer's compares get tougher in the second half of 2016. She lowered her price target for the shares to $72 from $82.