J.C. Penney (JCP) call put ratio 1.5 calls to 1 put after CEO resignation

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Citi Reiterates Sell on J.C. Penney (JCP) Following Announced CEO Departure

May 23, 2018 7:42 AM EDT

Citi 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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