What's the 'REIT' Option for JCPenney (JCP)? Lowered Expectations...
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
Don't Believe the J. C. Penney (JCP) REIT Conversion 'Fairy Dust' - Analyst
March 19, 2013 12:25 PM EDTThose holding their breath for a J. C. Penney (NYSE: JCP) REIT conversion should stop, according to the latest commentary from Gilford Securities.
Analyst Bernard Sosnick called the latest talk about converting the best 300 J.C. Penney stores into REITs, lease the space and voila--$40 per share is "fairy dust" and he said "more than a few things have to be taken into consideration... More
JCPenney (JCP) May Just Have the 'REIT' Solution for Better Valuation - Analyst
March 18, 2013 8:54 AM EDTJCPenney (NYSE: JCP) may be able to drive some near-term upside in its stock, but not necessarily from retail sales.
... More
