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JCP

J.C. Penney

$4.71

-0.45 (-8.72%)

09:02
08/11/17
08/11
09:02
08/11/17
09:02

J.C. Penney core operating profitability declining, says Credit Suisse

Credit Suisse analyst Christian Buss, in a research bulletin issued on the heels of J.C. Penney's Q2 report, said "continued caution is in order" as he sees it core operating profitability declining and underlying demand still being "tepid." He has an Underperform rating on J.C. Penney shares, which are down 23% in pre-market trading.

  • 11

    Aug

JCP J.C. Penney
$4.71

-0.45 (-8.72%)

05/15/17
05/15/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Tesla (TSLA) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Adam Jonas saying the bull thesis on Tesla centers around the company becoming the next Amazon (AMZN) or Apple (AAPL), Jonas tells investors in a research note. The analyst, however, questions if the risks of taking on the tech giants is sufficiently discounted in the share price. He expects "much larger and more well capitalized" competitors to unveil strategies that directly address sustainable transport and mobility. 2. J.C. Penney (JCP) was downgraded to Hold from Buy at Deutsche Bank, to Neutral from Outperform at Baird, and to Neutral from Buy at Buckingham. 3. STMicroelectronics (STM) downgraded to Hold from Buy at Stifel. 4. Level 3 (LVLT) and CenturyLink (CTL) were downgraded to Underperform from Market Perform at Raymond James. 5. TSMC (TSM) downgraded to Neutral from Outperform at Credit Suisse with analyst Randy Abrams saying headwinds from excess inventory, slower China smartphones, and Qualcomm (QCOM) shifts to Samsung (SSNLF) could pressure sales and margins. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/21/17
GDHS
06/21/17
NO CHANGE
GDHS
Nike-Amazon pact yet another department store headwind, says Gordon Haskett
Gordon Haskett analyst noted the reports of Nike (NKE) nearing a deal to sell directly on Amazon (AMZN), which he said wouldn't impact trends overnight but would represent another headwind for department stores, particularly J.C. Penney (JCP) and Kohl's (KSS), where the brand has a larger penetration than at Macy's (M) and Nordstrom (JWN). He keeps an Accumulate rating on Nordstrom, a Hold rating on Macy's and Reduce rating on both J.C. Penney and Kohl's.
06/26/17
GDHS
06/26/17
UPGRADE
Target $4.5
GDHS
Accumulate
J.C. Penney upgraded to Hold from Reduce at Gordon Haskett
Gordon Haskett analyst Chuck Grom upgraded J.C. Penney to Hold from Reduce with a $4.50 price target.
07/12/17
SBSH
07/12/17
NO CHANGE
Target $5
SBSH
Neutral
J.C. Penney price target raised to $5 from $4.50 at Citi
Citi analyst Paul Lejuez raised his price target for J.C. Penney to $5 from $4.50 after the retailer announced that Q2 sales had "significantly improved" versus Q1. The analyst upped his FY17 earnings per share estimate to 53c from 40c and keeps a Neutral rating on Penny.

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RIC

Richmont Mines

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MGLN

Magellan Health

$83.65

0.35 (0.42%)

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  • 01

    Dec

SGMS

Scientific Games

$52.00

-0.2 (-0.38%)

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$NSD

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$NYE

NYSE Market Internals

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$NSD

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$NYE

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M

Macy's

$21.07

0.44 (2.13%)

, WMT

Wal-Mart

$96.62

0.21 (0.22%)

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M

Macy's

$21.07

0.44 (2.13%)

WMT

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$96.62

0.21 (0.22%)

TGT

Target

$55.88

-1.61 (-2.80%)

BASFY

BASF

$27.39

-0.13 (-0.47%)

TEVA

Teva

$13.70

0.22 (1.63%)

CBS

CBS

$56.54

0.3 (0.53%)

DISH

Dish

$50.43

0.39 (0.78%)

ASX

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$7.07

0.76 (12.04%)

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Siliconware Precision

$7.94

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QD

Qudian

$12.22

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BABA

Alibaba

$191.19

1.35 (0.71%)

VIPS

Vipshop

$8.14

-0.3 (-3.55%)

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  • 24

    Nov

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AFL

Aflac

$85.00

-0.05 (-0.06%)

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  • 01

    Dec

GBL

GAMCO Investors

, WTS

Watts Water

$72.65

0.15 (0.21%)

13:26
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GBL

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WTS

Watts Water

$72.65

0.15 (0.21%)

03/08/13
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  • 04

    Dec

CC

Chemours

$53.31

0.45 (0.85%)

13:23
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  • 01

    Dec

$NSD

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$NYE

NYSE Market Internals

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AIMT

Aimmune

$35.74

0.16 (0.45%)

13:09
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  • 28

    Nov

PN

Patriot National

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CMCM

Cheetah Mobile

$12.02

-0.4 (-3.22%)

12:55
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GM

General Motors

$44.47

0.1828 (0.41%)

12:53
11/24/17
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General Motors holds an investor an analyst webcast »

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  • 30

    Nov

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    Jan

  • 16

    Jan

12:45
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EBAY

eBay

$35.94

-0.02 (-0.06%)

, OSTK

Overstock.com

$61.05

0.6 (0.99%)

12:43
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EBAY

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$35.94

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OSTK

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AMZN

Amazon.com

$1,156.16

16.67 (1.46%)

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  • 27

    Nov

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