J. C. Penney (JCP) Q3 Sales at Risk - Cleveland
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
J. C. Penney (JCP) Bull Case $20, Bear Case $1 - Goldman Sachs
September 27, 2013 9:37 AM EDTGoldman Sachs maintained a Neutral rating on J. C. Penney (NYSE: JCP) and lowered its price target to $10.00 (from $14.00). Analyst Stephen Grambling thinks focus will turn from liquidity to the retailer's turnaround potential.
"The incremental $811mn should provide ample liquidity throughout the holidays, alleviating any near-term concerns from... More
J. C. Penney (JCP) Target Cut to $6-$7 at Wells
September 26, 2013 1:13 PM EDTWells Fargo maintained an Underperform rating on J. C. Penney (NYSE: JCP) and lowered its price target to $6-$7 from $10-$11. The change follows news management expects comps to turn positive in Q4. In the view of analyst Paul Lejuez, this is nothing to get excited about.... More
Deutsche Bank Comments on J. C. Penney (JCP) Liquidity
September 26, 2013 11:36 AM EDTOn Thursday morning Deutsche Bank maintained a Hold rating on J. C. Penney (NYSE: JCP) and lowered its price target to $12.00 (from $15.00). The stock moved higher after the company said it expected positive comparable store sales trends coming out of the third quarter and throughout the fourth quarter of 2013. Concerns also surround liquidity, a subject of debate and speculation.... More
J.C. Penney (JCP) Falls Further on Potential $1B Equity Raise
September 26, 2013 6:54 AM EDTJ.C. Penney Co., Inc. (NYSE: JCP) is starting where it left off yesterday... down.
Reports indicate the company is seeking to raise up to $1 billion in new equity to build up its cash hoard.
News of a potential equity raise follows Wednesday's 15%... More
HedgEye Says They're Buying J.C. Penney (JCP)
September 25, 2013 2:35 PM EDTHedgEye said it is buying J.C. Penney Co., Inc. (NYSE: JCP) on today's weakness.
"Not particularly a high-quality 'feel good' call, but everything has a price. We'll take the other side of today's JCP sell-off," the report said.
Link to report... More
Maxim Defends JCPenney (JCP); Sees Margin Expansion in Q4 as Private Labels Restocked
September 25, 2013 12:48 PM EDTMaxim Group is maintaining a Buy rating on JCPenney (NYSE: JCP), but trimming its price target from $27 down to $22 into Q3 results.
Analyst Rick Snyder said that the firm is cutting its Q3 comparable-store sales estimate from positive 9 percent to zero. The analyst commented, The reduction is primarily due to the clearance... More
J. C. Penney (JCP) Liquidity Not Problem, Says Sterne Agee
September 25, 2013 11:50 AM EDTJ. C. Penney (NYSE: JCP) liquidity is not a problem said Sterne Agee. Sterne also thinks back to school showed progress. Comments follow meetings with J.C. Penney's CEO today.
Sterne Agee has a Buy rating on J. C. Penney with a price... More
J.C. Penney (JCP) Shares Tumble on Debt Fears, Weak Sales
September 25, 2013 9:59 AM EDTShares of J.C. Penney Co., Inc. (NYSE: JCP) are under tremendous pressure today as equity investors weigh the risk of a debt raise in addition to weak Q3 sales.
After the close, as... More
