Lita buys JCP 9.38: Piper Jaffray Says J.C. Penney Turnaround Is 'Very Much Under Way'
Piper Jaffray analyst Neely J.N. Tamminga believes J.C. Penney (NYSE: JCP) is on track to regain as much as $3 billion of the $6 billion in revenue it lost under the leadership of former CEO Ron Johnson. To support this claim, Tamminga pointed to a decline ... ...
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