J.C. Penney (JCP) Misses Q1 EPS by 8c, Comps Decline 5.5%

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J. C. Penney (JCP) PT Lowered to $0.90 at BofA/Merrill Lynch

May 22, 2019 6:47 AM EDT

BofA/Merrill Lynch analyst Lorraine Hutchinson lowered the price target on J. C. Penney (NYSE: JCP) to $0.90 (from $1.00) while maintaining a Underperform rating.

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