Imperial Capital has maintained its Underperform rating on J.C. Penney Company, Inc. (NYSE:JCP) and pegged its 1-year price target at $5 per share.
However, Imperial Capital in its recent capital structure research report maintained its Buy rating on J.C. Penney Company, Inc. (NYSE:JCP)’s term loans and all bonds maturing after 2015.
J.C. Penney’s sales to grow 6.5 percent
Mary Ross-Gilbert of Imperial Capital...
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