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Fly News Breaks for December 10, 2015
JCP
Dec 10, 2015 | 08:24 EDT
As previously reported, Nomura upgraded J.C. Penny to Neutral from Reduce and raised its price target to $9 from $8. Analyst Robert Drbul believes J.C. Penny has a lot of opportunity for top-line growth and margin expansion and now believes the company can achieve profitability in 2017.
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