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Why Did The Children's Place, Inc. Stock Climb 11% in September?


Why Did The Children's Place, Inc. Stock Climb 11% in September?

Sometimes when a company reports earnings shares fall even if the results are positive. It's possible that analysts expected more or that numbers dropped from the previous year.

Sometimes, when this happens, shares recover after investors take a deeper look at the results. That's what happened with The Children's Place (NASDAQ: PLCE) after it reported Q2 results on Aug. 9.

PLCE Chart

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Source: Fool.com

Childrens Place Retail Store Stock

€7.45
18.750%
Childrens Place Retail Store dominated the market today, gaining €1.20 (18.750%).
Currently there is a rather positive sentiment for Childrens Place Retail Store with 3 Buy predictions and 1 Sell predictions.
Based on the current price of 7.45 € the target price of 30 € shows a potential of 302.68% for Childrens Place Retail Store which would more than double the current price.
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