B. Riley Starts J. C. Penney (JCP) at Buy
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J. C. Penney (JCP) PT Lifted to $17 at Piper Jaffray; Sees $1.2B in EBITDA by 2017
August 17, 2015 6:54 AM EDTPiper Jaffray analyst Neely Tamminga reiterated her Overweight rating and boosted her price target on J. C. Penney (NYSE: JCP) to $17.00 (from $15.00), saying the company is moving along the pat to $1.2 billion in EBITDA by 2017.
Tamminga commented, "We are reiterating our... More
J.C. Penney (JCP) Posts Narrower-than-Expected Q2 Loss; Updates FY15 EBITDA, SG&A Outlook
August 14, 2015 7:48 AM EDTJ.C. Penney (NYSE: JCP) reported Q2 adjusted EPS of ($0.41), versus the analyst estimate of ($0.48). Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.86 billion.
Same store sales increased 4.1% for the period.
... More