J.C. Penney Management Changes Welcome, But Citi Rates It A Sell – ValueWalk Premium
J.C. Penney

J.C. Penney Management Changes Welcome, But Citi Rates It A Sell

Citigroup Inc. (NYSE:C) analyst Deborah L Weinswig is encouraged by recent managerial changes at J.C. Penney Company, Inc. (NYSE:JCP) but continues a Sell rating on the retailer and a price target over 12 months of $7.

Management changes in J.C. Penney

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Out of six senior management positions that were filled by J.C. Penney . . .

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