UPDATE: J.C. Penney (JCP) Posts Q2 Loss of 56c/Share; Comps Rose 6%
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J. C. Penney (JCP) Results Solid But Analyst Concerned of Possible Slowdown; Deutsche Bank Comments Following Q2 Print
August 15, 2014 8:00 AM EDTDeutsche Bank maintained a Hold rating on J. C. Penney (NYSE: JCP) with a price target of $10. 2014 EPS estimated were raised to -1.99 vs -2.51 prior. Analyst Paul Trussell said Q2 performance was strong, but he is concerned of a potential slowdown.
"JCP showed solid trends in its 2Q print, with... More
J. C. Penney (JCP) Q2 Solid but 'Long Way' to Go on Recovery, BofA/Merrill Lynch Says
August 15, 2014 7:57 AM EDTBofA/Merrill Lynch analyst Lorraine Hutchinson reiterated a Neutral rating and $11 price target on J. C. Penney (NYSE: JCP) following Q2 results, which beat on sales and margins with a lifted FCF outlook.
Hutchinson commented, We are modelling negative FCF of $28mn,... More
J. C. Penney (JCP) Posts Solid Q2, On Pace to Reclaim Up to Half of Lost Revenue - Piper Jaffray
August 15, 2014 7:03 AM EDTPiper Jaffray analyst Neely Tamminga reiterated an Overweight rating and $12 price target on J. C. Penney (NYSE: JCP) following Q2 results, saying the company is off to a strong back-to-school start.
Tamminga said, "We are reiterating our Overweight rating on JCP... More
J.C. Penney (JCP) Ticks Higher into Q2 Report; Investors Hoping for Push Above Key Level
August 14, 2014 2:33 PM EDTShares of retailer JCPenney (NYSE: JCP) are positive Thursday heading into the company's Q2 report, which is expected out after markets close.
Analysts are currently looking for JCPenney to report a Q2 loss of $0.94 per share with revenue of $2.78 billion, from a... More
