JCPenney Announces Resignation of Chairman and CEO Marvin Ellison
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Citi Reiterates Sell on J.C. Penney (JCP) Following Announced CEO Departure
May 23, 2018 7:42 AM EDTCiti reiterated a Sell rating and $2.00 price target on J. C. Penney (NYSE: JCP) following the company's announcement that CEO Marvin Ellison would be leaving the company to become CEO of LOW.
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