Wells Fargo Unimpressed by J. C. Penney (JCP) Nov Comps

Go back to Wells Fargo Unimpressed by J. C. Penney (JCP) Nov Comps

JCPenney (JCP) Continues Lower as Sentiment Remains Mixed

December 5, 2013 11:16 AM EST

JCPenney (NYSE: JCP) shares are continuing lower Thursday following a 4.5 percent dip on Wednesday.

Earlier this week, JCPenney reported a... More

J. C. Penney (JCP) Nov. Comps Viewed as Solid but it 'Gets Tougher from Here' - Deutsche Bank

December 4, 2013 8:25 AM EST

Deutsche Bank maintained a Hold rating on J. C. Penney (NYSE: JCP) with a price target of $6.00. Comments follow data on November comps yesterday that showed a gain of 10.1%. Analyst Paul Trussell noted the print was above expectations but in his view thing get "tougher from here."

"The results were solid, in our view, as it was above our expectations for +9.0% and showcases continued acceleration in trends. To this... More

Oct.-to-Nov. Read Suggests Strong Momentum for JCPenney (JCP) Into Holiday Season - Goldman

December 4, 2013 6:29 AM EST

Goldman Sachs maintained its Neutral rating on JCPenney (NYSE: JCP), but raised its 12-month price target from $10 up to $11 following a company sales update issued after markets closed on Tuesday. Among other items, JCPenney noted that November comparable-store sales improved 10.1 percent.

Analyst Stephen... More

JCPenney (JCP) Nov. Comps Grew 10.1%; Reports Strong e-Commerce Sales

December 3, 2013 4:08 PM EST

JCPenney (NYSE: JCP) provided a preliminary update on the Company's performance for the fiscal month ending November 30, 2013. During that period, which includes the important Thanksgiving weekend, the Company's comparable store sales grew 10.1 percent over last year. The Company also noted that its e-commerce sales through jcp.com continued to be strong,... More