However, we remain cautious on the stock, as we believe there is little near-term news to move the stock in either direction.
Short-term volatility in the stock has provided an attractive entry point to own one of the best-run high growth retailers in the sector.
We are lowering our risk rating to High from Speculative as we believe Children's Place risk profile has improved through better execution and a rising cash balance. We reiterate our Buy rating and expect continued solid growth in sales at both divisions, and significant improvement in gross margin at the Disney Stores.
We are raising our rating, given the stock has fallen to a more attractive level in recent trading.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.