Goldman Sachs Drops J.C. Penney Company Price Target To $7
J.C. Penney Company, Inc. (NYSE:JCP)’s failure to provide detailed information about holiday sales has already convinced most people that the retailer has lost its November momentum, raising serious questions about its turnaround efforts. Now Goldman Sachs Group Inc (NYSE:GS) is piling on, changing its price target from $9.50 to $7 (currently $7.17 . . .
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