J.C. Penney (JCP) Misses Q2 EPS by 4c, Comps Decline 1.3%
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August 14, 2017 8:38 AM EDT
Northcoast 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
August 14, 2017 7:58 AM EDT
BMO 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
August 14, 2017 7:11 AM EDT
Cowen 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
August 11, 2017 10:49 AM EDT
Deutsche 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
