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Fly News Breaks for May 22, 2017
PLCE
May 22, 2017 | 08:46 EDT
Morgan Stanley analyst Jay Sole raised Children's Place's price target to $150 and increased his FY17 base case earnings estimate to $7.25, versus consensus of $6.85, and FY18 earnings estimate to $8, versus consensus of $7.50, following the Q1 report. The analyst said the average leases life is below 3 years, 54% of Children's Place stores have a Justice within a one mile radius, eComm business is EBIT margin accretive, and wholesale and international businesses are gaining traction. Sole rates shares an Overweight.
News For PLCE From the Last 2 Days
PLCE
Apr 19, 2024 | 15:34 EDT
Welcome to this week’s installment of “The Short Interest Report" - The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data... To see the rest of the story go to thefly.com. See Story Here
