Morgan Stanley Retains Underweight Tag On J.C. PenneyMani
Morgan Stanley (NYSE:MS) retained its ‘underweight’ tag on J.C. Penney Company, Inc. (NYSE:JCP) as the retailer faces multiple challenges including cash flow concerns and market share losses.
Kimberly C. Greenberger and the team at Morgan Stanley (NYSE:MS) remain skeptical of any quick turnaround . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat