J.C. Penney sees year profit largely below Wall Street, shares dive

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J. C. Penney (JCP) PT Raised to $4 at Deutsche Bank

March 5, 2018 7:58 AM EST

Deutsche Bank raised its price target on J. C. Penney (NYSE: JCP) to $4.00 (from $3.00) while maintaining a Hold rating.

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The TJX Companies (TJX) PT Raised to $97 at MKM Partners

March 5, 2018 6:47 AM EST

MKM Partners raised its price target on The TJX Companies (NYSE: TJX) to $97.00 (from $87.00) while maintaining a Buy rating.

Analyst Roxanne Meyer said the comp rebound and merchandise margin outlook show strength. She also said with incremental investments leveling off in 2018, they expect a margin inflection longer-term.

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