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Northcoast Research Upgrades J. C. Penney (JCP) to Neutral

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Bloodbath at JCPenney (JCP) Continues With Company Struggling to Mount Turnaround

March 7, 2013 7:19 AM EST

Does the fun ever stop at JCPenney (NYSE: JCP)?

According to the NY Post, JCPenney has canned about 1,500 store-level managers and merchandising employees. News comes following reports that... More

Oppenheimer Downgrades J. C. Penney (JCP) to Perform

March 6, 2013 7:00 AM EST

Oppenheimer downgraded J. C. Penney (NYSE: JCP) from Outperform to Perform with a price target of $15.00 (from $30.00).

For an analyst ratings summary and ratings history on J. C. Penney click... More

Citi Downgrades J. C. Penney (JCP) to Neutral, Topline Growth Will Take Longer Than Expected

March 6, 2013 6:59 AM EST

Citi downgraded J. C. Penney (NYSE: JCP) from Buy to Neutral with a price target of $22.00 (from $15.00). Analysts said they were concerned topline growth would take longer than expected and were less convinced management's strategies would drive sales improvement.

For an... More