JCPenney (JCP) Sees Q1 Comps Up 3.5% to 4.5%
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J. C. Penney's (JCP) Good Comp Up Against Lofty Expectations, Says Deutsche Bank
April 14, 2015 10:23 AM EDTDeutsche Bank maintained a Hold rating on J. C. Penney (NYSE: JCP) with a price target of $9. Earlier J. C. Penney said fiscal first quarter of 2015 comps to date are approximately 6 percent. Based on results to date, and taking into account the shift of Easter into the fiscal month of March this year, the Company currently expects comparable store sales for the first quarter to be in the... More
