JCPenney Stock: Analysts’ View after Strong Holiday Sales
JCPenney (JCP) stock is rated as a “hold” by most of the analysts covering the mid-tier department store. On January 4, Jefferies raised its target price for JCPenney stock to $4.00 from $3.00. On January 5, BMO Capital raised its target price to $3.75 from $3.25.