Price target lifted on J.C. Penney By: MarketMinute.com Stock News March 31, 2015 at 16:53 PM EDT Piper Jaffray lifted its price target on J.C. Penney Company Inc. (NYSE: JCP) from $13 to $14. Shares of the department store operator gained 58 cents to close at $8.41. Related Stocks: J C Penney Company Inc