Piper Jaffray Upgrades J. C. Penney (JCP) to Overweight
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J. C. Penney (JCP) FY13 Estimates Trimmed at Wells Fargo; Analyst Reiterates Underperform
January 8, 2014 11:30 AM ESTWells Fargo maintained an Underperform rating on J. C. Penney (NYSE: JCP) with a price target of $4-$5. Comments follow a statement from J. C. Penney claiming it is "pleased with its performance for the holiday period." The company also reaffirmed its outlook for the fourth quarter of 2013.
"As much as we... More
JCPenney (JCP) 'Pleased' With Holiday Performance
January 8, 2014 8:31 AM ESTJCPenney Co., Inc. (NYSE: JCP) reported that the Company is pleased with its performance for the holiday period, showing continued progress in its turnaround efforts. Customers responded well to the Company's offerings this holiday shopping season, both in store and online.
JCPenney... More
