JCPenney (JCP) Could Be Stealing Customers Back from Segment Peer

Go back to JCPenney (JCP) Could Be Stealing Customers Back from Segment Peer

JCPenney (JCP) Planning Inventory Adjustment; Will Debut Home Goods Under Liz Claiborne Brand

December 12, 2013 11:54 AM EST

(Updated - December 12, 2013 12:09 PM EST)

JCPenney (NYSE: JCP) shares are active amid reports that the company is shrinking some inventory to rebalance its operations.

Reuters reported Thursday that JCPenney might eliminate or reduce brands like jcp menswear, Joe Fresh clothes,... 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