Kimberly Greenberger Growth Quotations

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.

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.