J.C. Penney (JCP) Misses Q2 EPS by 4c, Comps Decline 1.3%
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Northcoast Research Remains Bullish on J.C. Penney (JCP)
August 14, 2017 8:38 AM EDTNorthcoast Research reiterated a Buy rating and $9.00 price target on J. C. Penney (NYSE: JCP) following the company's 2Q earnings report. JCP stock reacted severely to 2Q17 earnings results. The biggest disappointment came from lower than expected gross margin, driven largely by the closing of... More
J. C. Penney (JCP) PT Lowered to $4 at BMO Capital on 2Q Report; '2Q17 GM Rate Crumbles on Store Closure Inventory Liquidation & Shrinkage'
August 14, 2017 7:58 AM EDTBMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $4.00 (from $6.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.
Analyst Wayne Hood notes the company delivered second quarter earnings per share print below consensus projections,... More
J. C. Penney (JCP) PT Lowered to $6 at Cowen; Remains Sidelined
August 14, 2017 7:11 AM EDTCowen lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating. Larger than expected disruptions from the liquidation sale
caught management off-guard. However, analyst Oliver Chen continues think closing 127 stores at once was the... More
J. C. Penney (JCP) PT Lowered to $5 at Deutsche Bank; 'Tough Quarter, Tough Setup'
August 11, 2017 10:49 AM EDTDeutsche Bank lowered its price target on J. C. Penney (NYSE: JCP) to $5.00 (from $6.50) while maintaining a Hold rating following a tough quarter.
Despite a line-up of strategic initiatives, analyst Paul Trussell notes the company has been unable to overcome broader sector traffic... More
