Kimberly Greenberger
Kimberly Greenberger
believe both buy cash continued disney execution expect gross growth high improved improvement lowering margin profile rating rising risk sales solid
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.
attractive fallen given level raising recent stock
We are raising our rating, given the stock has fallen to a more attractive level in recent trading.