B. Riley analyst Jeff Lick raised the firm’s price target on Children’s Place to $12 from $4 and keeps a Sell rating on the shares. The analyst believes the potential range of stock outcomes over the next two years is between $0 and $33 per share, with probabilities more heavily weighted to the lower outcomes. The firm says there are too many uncertainties, the largest being estimating what Children’s Place could earn in 2024 and 2025.
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