CHILDRENS PLACE (PLCE) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of CHILDRENS PLACE (PLCE) from NEUTRAL to UNDERPERFORM on November 20, 2012, with a target price of $45.80.

The Children's Place Retail Stores, Inc. is a growing specialty retailer of apparel and accessories for children from newborn to twelve years of age. The company designs, sources and markets the products under the proprietary "The Children’s Place" brand name for sale exclusively in the stores. The merchandising objective is to provide the customers with high-quality, fashionable products at prices that represent substantial value relative to the competitors.

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