JCPenney (JCP) Holiday Comps Rose 3.7%
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J. C. Penney (JCP) Release Positive for Holiday Sales, Says Goldman (M) (TJX) (ROST)
January 7, 2015 9:44 AM ESTGoldman Sachs maintained a Sell rating on J. C. Penney (NYSE: JCP) with a price target of $5.50. Yesterday J. C. Penney reported holiday comps rose 3.7. In the view of analyst Stephen Grambling, the release is positive for overall holiday sales.
"We view the release as a net positive for holiday sales across our broadlines coverage, but would focus on... More
J. C. Penney (JCP) PT Lifted to $12 at Piper Jaffray on Solid Comps
January 7, 2015 6:38 AM ESTPiper Jaffray analyst Neely J.N. Tamminga raised estimate and her price target on Overweight-rated J. C. Penney (NYSE: JCP) to $12.00 (from $11.00) following solid November/December comps.
Tamminga commented, "We are reiterating JCP as a top pick for 2015 on the heels of its holiday sales... More
