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  • buywhenallbazh buywhenallbazh Jan 13, 2014 7:34 AM Flag

    Piper Jaffray gave struggling retailer JCPenney (JCP) a vote of confidence. The investment firm raised its rating of JCPenney stock to “overweight,” up from a prior rating of “neutral.” Piper Jaffray noted that JCPenney had recently reiterated its fourth-quarter outlook, despite the highly-competitive holiday shopping season, TheFlyOnTheWall notes Piper Jaffray has a price target of $11 a share. Jcp belongs at Macys, Kohls, Sears price target. way way undervalued JCP...

     

    Piper Jaffray gave struggling retailer JCPenney (JCP) a vote of confidence. The investment firm raised its rating of JCPenney stock to “overweight,” up from a prior rating of “neutral.” Piper Jaffray noted that JCPenney had recently reiterated its fourth-quarter outlook, despite the highly-competitive holiday shopping season, TheFlyOnTheWall notes Piper Jaffray has a price target of $11 a share. Jcp belongs at Macys, Kohls, Sears price target. way way undervalued JCP...

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