J.C. Penney: Why Imperial Capital is Sticking to Its $3 Target
November 19, 2014 at 11:45 AM EST
Imperial Capital’s Mary Ross Gilbert and Seweryn Sztalkoper explain why they still have a $3 price target on shares of J.C. Penney (JCP): Associated Press We are maintaining our Underperform rating on the shares and our one-year price target of $3.00, which represents option value, in our view, on a potential recovery in EBITDA. Our [...]
