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