Hayman's Bass Appears to Be Sticking with JCPenney (JCP)...for Now
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- S&P 500, Nasdaq set for weekly fall as chip stocks slide
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
J. C. Penney (JCP) Target Lowed to $9 at Goldman
October 9, 2013 11:33 AM EDTGoldman Sachs maintained a Neutral rating on J. C. Penney (NYSE: JCP) and lowered its price target to $9.00 (from $10.00). Goldman also lowered EPS estimates for FY13/FY14/FY15 EPS to ($6.34)/($1.73)/($1.10) from prior ($5.44)/($1.72)/($0.97). The change accounts for better sales and weaker gross margin.
"We... More
