BTIG Goes Against Herd, Starts J. C. Penney (JCP) at Buy with $22/PT

Go back to BTIG Goes Against Herd, Starts J. C. Penney (JCP) at Buy with $22/PT

JCPenney (JCP) May Just Have the 'REIT' Solution for Better Valuation - Analyst

March 18, 2013 8:54 AM EDT

JCPenney (NYSE: JCP) may be able to drive some near-term upside in its stock, but not necessarily from retail sales.

According to ISI Group's Omar Saad, JCPenney would still be able to transform its top 300 locations in to a REIT-like entity.... More