Goldman Sachs Downgrades J.C. Penney (JCP) to Neutral
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Goldman Sachs downgrades J.C. Penney (NYSE: JCP) from Buy to Neutral.
J.C. Penney Company, Inc. (JCPenney) is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company is retailer, operating 1,067 JCPenney department stores in 49 states and Puerto Rico as of February 2, 2008.
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