Rare J. C. Penney (JCP) Bull Raises Price Target Post Q4
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Nomura Mainains Bearish Stance on J. C. Penney (JCP) Post Q4
February 27, 2015 8:05 AM ESTNomura Securities analyst Robert Drbul reiterated a Reduce rating and $8 price target on J. C. Penney (NYSE: JCP) following Q4 results.
On the quarter, the analyst notes, "The company reported 4Q14 revenue of $3.89bn, a 2.9% increase vs 4Q13, and achieved a comp store sales of 4.4% for both the... More
J. C. Penney (JCP) Underperform Rating Maintained at Wells Fargo
February 27, 2015 7:48 AM ESTWells Fargo maintained an Underperform rating on J. C. Penney (NYSE: JCP) with a price target of $5-$6. Comments follow Q4 results and guidance. Analyst Paul Lejuez thinks FY15 comp guidance raises questions about long term EBITDA targets. GM and lack of FCF... More
JCPenney (JCP) Posts Breakeven Q4 Loss; Comps Rose 4.4%
February 26, 2015 4:10 PM ESTJCPenney (NYSE: JCP) reported Q4 EPS of $0.00, $0.74 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $3.89 billion versus the consensus estimate of $4.71 billion.
Operating income for the quarter was $63 million, which represents a $201 million increase over last year. EBITDA was $220... More



