Alert: Major Price Advance (6/21/24)-The Childrens Place Inc (NASDAQ: PLCE).

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The Childrens Place Inc (NASDAQ: PLCE) stock enjoyed a major increase of 16.4% on 6/21/24. The shares closed at $7.96. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -16.3% during the last week.

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Current PriceTarget Research Rating

PLCE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Childrens Place is currently unrated.

Rating Review

The stock is currently unrated.

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