Europe, emerging markets boost stocks; U.S. assets fall on data

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Go back to Europe, emerging markets boost stocks; U.S. assets fall on data

J. C. Penney (JCP) PT Lowered to $4 at UBS; 'Negative Trends at Core, Very Tough Path to Hit '17 Guidance'

May 15, 2017 10:28 AM EDT

UBS lowered its price target on J. C. Penney (NYSE: JCP) to $4.00 (from $5.00) while maintaining a Sell rating, following the company's first quarter earnings report.

Analyst Michael Binetti notes the company is dealing with negative core trends and a difficult retail environment, making 2017 guidance... More

J. C. Penney (JCP) PT Lowered to $6 at BMO Capital Following 1Q

May 15, 2017 9:31 AM EDT

BMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating.... More