J.C. Penney Company Price Target Cut ...

J.C. Penney Company Price Target Cut to $16.00

There are 2 comments on the AmericanBankingNews.com story from Mar 2, 2013, titled J.C. Penney Company Price Target Cut to $16.00. In it, AmericanBankingNews.com reports that:

The analysts wrote, "We remain cautiously optimistic that a meaningful turnaround in sales is possible in 2H13 if an expanded lineup of shops can drive traffic increases, but should revenue growth be slower to materialize, JCP will likely require a capital infusion to fund its capital expenditures in 2014 and 2015.

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bob haller

Pittsburgh, PA

#1 Mar 2, 2013
How much longer can Ron be allowed to run the JCP Titanic full steam into the iceberg?

Hey were taking on water and the ship is listing bad to port. Its time to send a SOS, or better yet SRN, stop ron now.....
ex- employee 2011

United States

#2 Mar 5, 2013
I agree with you Bob. If I ran a register and came up short, I would be either written up or fired. So if I am Ronny boy and loose the Company Millions or Billions, I get a bonus.

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